Shares of LEA traded higher by 0.66% or $0.35/share to $53.40. NYSE is trading at a price to book ratio of 1.46. The PEG is 1.19 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.35. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1002400 shares of LEA exchange hands on a given day and today's volume is recorded at 433503. 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.
Lear Corporation is a tier 1 supplier to the global automotive industry.
