Shares of THG fell by 0.64% or $-0.27/share to $41.98. The Hanover Insurance Group, Inc. is trading at a price to book ratio of 0.77. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.31. The price to sales ratio came in at 0.59. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 364116 shares of THG exchange hands on a given day and today's volume is recorded at 74780. 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 Hanover Insurance Group, Inc. (THG) is a holding company for The Hanover Insurance Company (Hanover Insurance) and Citizens Insurance Company of America (Citizens), which are its principal property and casualty subsidiaries, and certain other insurance and non-insurance subsidiaries.
