Shares of SPWR fell by 6.24% or $-0.73/share to $10.96. NASDAQ is trading at a price to book ratio of 1.4. The PEG is 0.76 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.58. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3519270 shares of SPWR exchange hands on a given day and today's volume is recorded at 836421. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
SunPower Corporation is a vertically integrated solar products and services company that designs, manufactures and delivers solar electric systems worldwide for residential, commercial and utility-scale power plant customers.
