Shares of SKS fell by 5.37% or $-0.54/share to $9.51. NYSE is trading at a price to book ratio of 1.28. 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 1.21. The price to sales ratio came in at 0.51. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2069380 shares of SKS exchange hands on a given day and today's volume is recorded at 750466. 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.
Saks Incorporated is a department store retailer.
