Shares of CELL traded higher by 63.59% or $3.44/share to $8.85. NASDAQ is trading at a price to book ratio of 1.23. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.47 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.07. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 675589 shares of CELL exchange hands on a given day and today's volume is recorded at 1537585. 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.
Brightpoint, Inc.(BrightPoint) is engaged in providing device lifecycle services to the wireless industry.
