Shares of WJA traded higher by 0.45% or $0.05/share to $11.05. WestJet Airlines Ltd. is trading at a price to book ratio of 1.13. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The price to sales ratio came in at 0.51. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 270365 shares of WJA.TO exchange hands on a given day and today's volume is recorded at 128145. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
