Shares of LAD traded higher by 4.15% or $1.066/share to $26.74. Lithia Motors Inc. is trading at a price to book ratio of 1.91. The PEG is 0.54 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.26. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 349235 shares of LAD exchange hands on a given day and today's volume is recorded at 84308. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and services.
