Shares of DOLE fell by 8.37% or $-0.96/share to $10.51. NYSE is trading at a price to book ratio of 1.12. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.35. The price to sales ratio came in at 0.15. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1102940 shares of DOLE exchange hands on a given day and today's volume is recorded at 465782. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Dole Food Company, Inc. (Dole) is a producer, marketer and distributor of fresh fruit and fresh vegetables.
