Shares of DMND traded higher by 3.20% or $1.032/share to $33.24. Diamond Foods, Inc. is trading at a price to book ratio of 1.56. The PEG is 0.65 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.74. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2339220 shares of DMND exchange hands on a given day and today's volume is recorded at 1462832. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Diamond Foods, Inc. (Diamond) is a packaged food company focused on building, acquiring and energizing brands.
