Shares of ALU traded higher by 2.72% or $0.05/share to $1.89. NYSE is trading at a price to book ratio of 1.47. The PEG is 0.23 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.22. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 11227700 shares of ALU exchange hands on a given day and today's volume is recorded at 5374806. 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.
Alcatel Lucent SA is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers.