Shares of ALU traded higher by 5.77% or $0.09/share to $1.65. NYSE is trading at a price to book ratio of 0.82. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.34 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.19. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 20638600 shares of ALU exchange hands on a given day and today's volume is recorded at 8356270. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Alcatel Lucent SA is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers.