Shares of RON remained unchanged at $12.15. RONA inc. is trading at a price to book ratio of 0.85. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.7. The price to sales ratio came in at 0.33. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 199545 shares of RON.TO exchange hands on a given day and today's volume is recorded at 814624. 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.
TSE:RON.TO - Google Finance Search BlogThis!Share to FacebookShare to Pinterest
