Shares of SPW fell by 1.84% or $-1.07/share to $57.05. SPX Corporation is trading at a price to book ratio of 1.34. The PEG is 1.07 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.59. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 483484 shares of SPW exchange hands on a given day and today's volume is recorded at 295460. 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.
SPX Corporation is a global, multi-industry manufacturer of highly specialized, engineered solutions.
