Shares of WFR traded higher by 18.07% or $0.9/share to $5.88. MEMC Electronic Materials Inc. is trading at a price to book ratio of 0.48. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.46 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.4. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 6796400 shares of WFR exchange hands on a given day and today's volume is recorded at 4094387. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
MEMC Electronic Materials, Inc. is engaged in the development, manufacture, and sale of silicon wafers.