Shares of TSN traded higher by 5.39% or $0.97/share to $18.98. Tyson Foods, Inc. is trading at a price to book ratio of 1.25. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.21. The price to sales ratio came in at 0.23. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3824710 shares of TSN exchange hands on a given day and today's volume is recorded at 5056822. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Tyson Foods, Inc. is a meat protein and food production company.
