Shares of SSW fell by 1.05% or $-0.11/share to $10.37. Seaspan Corp. is trading at a price to book ratio of 0.61. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.59 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.38. On average, 259270 shares of SSW exchange hands on a given day and today's volume is recorded at 122533. 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.
Seaspan Corporation (Seaspan) is an independent charter owner of containerships, which the Company charters pursuant to long-term, fixed-rate time charters agreement.
