Shares of CAR traded higher by 4.87% or $0.5/share to $10.77. Avis Budget Group, Inc. is trading at a price to book ratio of 2.04. The PEG is 0.19 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.2. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2276820 shares of CAR exchange hands on a given day and today's volume is recorded at 938716. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Avis Budget Group, Inc. (Avis Budget) operates in two brands in the global vehicle rental industry through Avis and Budget.
