Shares of NIHD fell by 20.98% or $-3.935/share to $14.82. NASDAQ is trading at a price to book ratio of 1.03. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.16 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.48. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3368930 shares of NIHD exchange hands on a given day and today's volume is recorded at 1357291. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
NII Holdings, Inc. (NII Holdings) is a holding company for the operations of Nextel Communications, Inc.
