Shares of IRDM fell by 3.29% or $-0.24/share to $7.05. NASDAQ is trading at a price to book ratio of 0.72. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.67 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.42. On average, 616205 shares of IRDM exchange hands on a given day and today's volume is recorded at 343036. 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.
Iridium Communications Inc. is a provider of mobile voice and data communications services via satellite.
