Shares of PDS fell by 4.21% or $-0.29/share to $6.60. NYSE is trading at a price to book ratio of 0.86. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.24 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.94. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1705030 shares of PDS exchange hands on a given day and today's volume is recorded at 1417659. 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.
Precision Drilling Corporation (Precision) is a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies in Canada and the United States.
