Shares of GAME remained unchanged at $3.00. NASDAQ is trading at a price to book ratio of 1.33. The PEG is 0.49 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.04. Thus, the company is not very expensive in terms of its sales. On average, 380125 shares of GAME exchange hands on a given day and today's volume is recorded at 156703. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Shanda Games Limited (Shanda Games) is engaged in the development and operation of online games and related businesses in the People?s Republic of China.
