Shares of MX traded higher by 1.93% or $0.31/share to $16.35. NYSE is trading at a price to book ratio of 1.84. The PEG is 0.28 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.7. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 389023 shares of MX exchange hands on a given day and today's volume is recorded at 176535. 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.
MagnaChip Semiconductor Corporation (MagnaChip Semiconductor) is a designer and manufacturer of analog and mixed-signal semiconductor products for consumer applications.
