Shares of STM fell by 0.17% or $-0.01/share to $5.81. NYSE is trading at a price to book ratio of 0.68. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.05 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.56. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2317800 shares of STM exchange hands on a given day and today's volume is recorded at 967968. 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.
STMicroelectronics N.V. is an independent semiconductor company that designs, develops, manufactures and markets a range of semiconductor products used in a variety of microelectronic applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems.
