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Monday, June 13, 2011

Undervalued Stock Detected (NYSE: GNW)

Shares of GNW traded higher by 2.52% or $0.255/share to $10.36. Genworth Financial Inc. is trading at a price to book ratio of 0.35. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.68 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.48. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5017370 shares of GNW exchange hands on a given day and today's volume is recorded at 2066596. 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.

Genworth Financial, Inc. is a financial security company engaged in providing insurance, wealth management, investment and financial solutions to more than 15 million customers, with a presence in more than 25 countries.