Shares of SNX remained unchanged at $30.10. SYNNEX Corp. is trading at a price to book ratio of 1.0. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.83 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.11. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 156340 shares of SNX exchange hands on a given day and today's volume is recorded at 43658. 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.
SYNNEX Corporation (SYNNEX) is a business process services company, servicing resellers, retailers and original equipment manufacturers (OEMs), in multiple regions globally.
