Shares of ALU fell by 1.83% or $-0.03/share to $1.61. NYSE is trading at a price to book ratio of 0.68. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.07 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.2. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 19865700 shares of ALU exchange hands on a given day and today's volume is recorded at 10429792. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Alcatel Lucent SA is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers.
