Shares of JEF traded higher by 19.27% or $2.75/share to $17.02. NYSE is trading at a price to book ratio of 0.89. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.73 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.11. Thus, the company is not very expensive in terms of its sales. On average, 2213270 shares of JEF exchange hands on a given day and today's volume is recorded at 1653131. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Jefferies Group, Inc. is a United States-based firm that operates as a securities and investment banking firm.
