Shares of TQNT traded higher by 18.89% or $1.12/share to $7.05. TriQuint Semiconductor, Inc. is trading at a price to book ratio of 1.08. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.72 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.04. Thus, the company is not very expensive in terms of its sales. On average, 5655380 shares of TQNT exchange hands on a given day and today's volume is recorded at 7564121. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
TriQuint Semiconductor, Inc. (TriQuint) is a supplier of modules, components and foundry services for communications applications.
