Shares of ALU fell by 3.11% or $-0.0682/share to $2.12. Alcatel-Lucent is trading at a price to book ratio of 1.36. The PEG is 0.97 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.23. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 18123200 shares of ALU exchange hands on a given day and today's volume is recorded at 4347597. 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.
Alcatel Lucent is engaged in mobile, fixed, Internet Protocol (IP) and optics technologies, applications and services.
