Shares of MUR traded higher by 0.21% or $0.12/share to $56.02. NYSE is trading at a price to book ratio of 1.17. 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 1.17 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.38. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1701730 shares of MUR exchange hands on a given day and today's volume is recorded at 409367. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Murphy Oil Corporation (Murphy) is an oil and gas exploration and production company with retail and wholesale gasoline marketing operations in the United States and refining and marketing operations in the United Kingdom.
