Shares of ABH traded higher by 3.41% or $0.54/share to $16.36. AbitibiBowater Inc. Common Stoc is trading at a price to book ratio of 0.41. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.62. The price to sales ratio came in at 0.32. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 799546 shares of ABH exchange hands on a given day and today's volume is recorded at 349401. 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.
AbitibiBowater Inc. (AbitibiBowater) is a global forest products company.
