Shares of ALL fell by 1.42% or $-0.47/share to $32.58. Allstate Corporation (The) is trading at a price to book ratio of 0.9. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.09 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.54. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 4496580 shares of ALL exchange hands on a given day and today's volume is recorded at 927896. These factors combined make this company a prime 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.
The Allstate Corporation (Allstate) is a holding company of Allstate Insurance Company.
