Shares of FDP traded higher by 1.33% or $0.35/share to $26.61. Fresh Del Monte Produce Inc. is trading at a price to book ratio of 0.93. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.41. The price to sales ratio came in at 0.43. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 184109 shares of FDP exchange hands on a given day and today's volume is recorded at 88326. 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.
Fresh Del Monte Produce Inc. (Fresh Del Monte), incorporated on August 29, 1996, is a holding company.
