Shares of FLEX traded higher by 2.05% or $0.125/share to $6.22. NASDAQ is trading at a price to book ratio of 1.66. The PEG is 0.77 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.16. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 4593090 shares of FLEX exchange hands on a given day and today's volume is recorded at 5978960. 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.
Flextronics International Ltd. (Flextronics) is a global provider of vertically integrated advanced design and electronics manufacturing services (EMS) to original equipment manufacturers (OEMs).
