Shares of AVX traded higher by 3.57% or $0.33/share to $9.57. NYSE is trading at a price to book ratio of 0.8. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.13 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 1.07. Thus, the company is not very expensive in terms of its sales. On average, 228894 shares of AVX exchange hands on a given day and today's volume is recorded at 138376. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
AVX Corporation (AVX) is a manufacturer and supplier of a line of passive electronic components and related products.
