Shares of TPC traded higher by 0.49% or $0.09/share to $18.53. NYSE is trading at a price to book ratio of 0.8. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.04 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.21. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 237645 shares of TPC exchange hands on a given day and today's volume is recorded at 159826. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Tutor Perini Corporation (Tutor Perini) is a construction company offering general contracting, construction management and design-build services to private clients and public agencies worldwide.
