Shares of BBY traded higher by 2.38% or $0.75/share to $32.29. Best Buy Co. Inc. is trading at a price to book ratio of 1.73. The PEG is 0.84 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.24. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 8596160 shares of BBY exchange hands on a given day and today's volume is recorded at 1847200. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Best Buy Co., Inc. is a multinational retailer of consumer electronics, home office products, entertainment software, appliances and related services.
