Shares of PD fell by 0.75% or $-0.07/share to $9.30. TSE is trading at a price to book ratio of 1.21. 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 1.33. On average, 1341670 shares of PD.TO exchange hands on a given day and today's volume is recorded at 543473. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
