Shares of JCP traded higher by 2.69% or $0.82/share to $31.27. J. C. Penney Company, Inc. is trading at a price to book ratio of 1.38. The PEG is 1.01 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.37. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5909360 shares of JCP exchange hands on a given day and today's volume is recorded at 3610008. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
J. C. Penney Company, Inc. (jcpenney) is a holding company.
