Shares of SPP fell by 2.54% or $-0.07/share to $2.69. Sappi Limited is trading at a price to book ratio of 0.76. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.22 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, 15909 shares of SPP exchange hands on a given day and today's volume is recorded at 6443. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Sappi Limited (Sappi) is a paper and pulp company.
