Shares of GLP fell by 2.08% or $-0.44/share to $20.76. NYSE is trading at a price to book ratio of 1.34. The PEG is 0.91 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.04. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 43256 shares of GLP exchange hands on a given day and today's volume is recorded at 17556. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Global Partners LP is a master limited partnership engages in the wholesale and commercial distribution of refined petroleum products and natural gas and renewable fuels and also provides ancillary services to companies.
