Shares of SPLS fell by 0.70% or $-0.1018/share to $14.46. Staples, Inc., an office products company, is trading at a price to book ratio of 1.43. The PEG is 0.74 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.42. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 14017100 shares of SPLS exchange hands on a given day and today's volume is recorded at 21106440. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Shares of PL fell by 1.48% or $-0.29/share to $19.28. Protective Life Corp., a holding company, is trading at a price to book ratio of 0.49. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.82 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.54. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 678746 shares of PL exchange hands on a given day and today's volume is recorded at 1029540. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
