Shares of PJC traded higher by 0.94% or $0.31/share to $33.33. NYSE is trading at a price to book ratio of 0.69. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.09 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 1.08. Thus, the company is not very expensive in terms of its sales. On average, 99702 shares of PJC exchange hands on a given day and today's volume is recorded at 39909. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Piper Jaffray Companies is an investment bank and asset management firm, serving the needs of corporations, private equity groups, public entities, non-profit entities and institutional investors in the United States and internationally.
