Shares of JBLU fell by 0.65% or $-0.04/share to $6.14. NASDAQ is trading at a price to book ratio of 0.92. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.42 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.36. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3328980 shares of JBLU exchange hands on a given day and today's volume is recorded at 4395021. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
JetBlue Airways Corporation (JetBlue) is a passenger airline that operates primarily on point-to-point routes with its fleet of 120 Airbus A320 aircraft and 49 EMBRAER 190 aircraft.
