Shares of SIG traded higher by 1.05% or $0.34/share to $32.74. Signet Jewelers Limited is trading at a price to book ratio of 1.36. 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 0.79. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 861620 shares of SIG exchange hands on a given day and today's volume is recorded at 354904. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Signet Jewelers Limited (Signet) is a specialty retail jeweler with stores in the United States, United Kingdom, Republic of Ireland and Channel Islands.
