Shares of HAR fell by 3.71% or $-1.51/share to $39.24. NYSE is trading at a price to book ratio of 1.73. The PEG is 0.44 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.67. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1160390 shares of HAR exchange hands on a given day and today's volume is recorded at 604617. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Harman International Industries, Incorporated (Harman International) is engaged in the developing, manufacturing and marketing of audio products and electronic systems.
