Shares of PD traded higher by 2.91% or $0.23/share to $8.14. TSE is trading at a price to book ratio of 0.98. This indicates that the value of the company's underlying assets exceeds today's market price. The price to sales ratio came in at 1.06. Thus, the company is not very expensive in terms of its sales. On average, 1283230 shares of PD.TO exchange hands on a given day and today's volume is recorded at 1820400. 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.
