Shares of HAR fell by 10.02% or $-3.44/share to $30.90. Harman International Industries Inc. is trading at a price to book ratio of 1.77. The PEG is 0.55 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.67. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 620633 shares of HAR exchange hands on a given day and today's volume is recorded at 875304. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Harman International Industries, Incorporated (Harman International) is engaged in the developing, manufacturing and marketing of high-quality, high-fidelity audio products and electronic systems.
