Shares of WDC traded higher by 2.45% or $0.93/share to $38.86. NYSE is trading at a price to book ratio of 1.5. The PEG is 0.31 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.95. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 4243020 shares of WDC exchange hands on a given day and today's volume is recorded at 1707159. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Western Digital Corporation (WD) is a provider of solutions for the collection, storage, management, protection and use of digital content, including audio and video.
