Shares of RIMM fell by 3.35% or $-0.93/share to $26.82. Research In Motion Limited is trading at a price to book ratio of 1.62. The PEG is 0.5 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.73. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 12721900 shares of RIMM exchange hands on a given day and today's volume is recorded at 2997523. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market.
