Shares of PAG traded higher by 0.34% or $0.06/share to $17.72. Penske Automotive Group, Inc. is trading at a price to book ratio of 1.46. The PEG is 0.73 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.14. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 809306 shares of PAG exchange hands on a given day and today's volume is recorded at 1483321. 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.
Penske Automotive Group, Inc. is an automotive retailer in the United States.
