Shares of RIMM fell by 1.98% or $-0.59/share to $29.18. Research In Motion Limited is trading at a price to book ratio of 1.62. The PEG is 0.44 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.75. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 19214700 shares of RIMM exchange hands on a given day and today's volume is recorded at 7801962. These factors combined may make this company a potential takeover candidate. 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.
