Shares of BBVA traded higher by 0.41% or $0.04/share to $9.89. NYSE is trading at a price to book ratio of 0.37. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.85 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.05. Thus, the company is not very expensive in terms of its sales. On average, 1053780 shares of BBVA exchange hands on a given day and today's volume is recorded at 427090. 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.
Banco Bilbao Vizcaya Argentaria SA (BBVA) is a Spain-based international financial group with presence in 32 countries.
