Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, December 10, 2012

Potentially Oversold Level Reached (NASDAQ: SPWR)

Shares of SPWR traded higher by 3.73% or $0.18/share to $5.01. NASDAQ is trading at a price to book ratio of 0.51. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.15 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.25. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 653879 shares of SPWR exchange hands on a given day and today's volume is recorded at 275479. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Develops solar power products. The Company's products are semiconductor devices that directly convert sunlight into electricity.