Shares of PKD fell by 0.92% or $-0.04/share to $4.32. NYSE is trading at a price to book ratio of 0.85. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.05 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.73. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 465153 shares of PKD exchange hands on a given day and today's volume is recorded at 748595. 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.
Parker Drilling Company (Parker) is a provider of contract drilling and drilling-related services operating in 11 countries.
