Shares of BBY traded higher by 0.50% or $0.09/share to $18.26. NYSE is trading at a price to book ratio of 1.66. The PEG is 1.02 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.12. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 7947610 shares of BBY exchange hands on a given day and today's volume is recorded at 3583976. 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.
Best Buy Co., Inc., incorporated in 1996, is a multinational retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances and related services.
