Shares of FES traded higher by 66.31% or $9.88/share to $24.78. Flint Energy Services Ltd. is trading at a price to book ratio of 1.27. 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 0.4. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 114181 shares of FES.TO exchange hands on a given day and today's volume is recorded at 767773. 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.
