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Friday, August 5, 2011

Coventry Health Care Trading At Attractive Levels (NYSE: CVH)

Shares of CVH traded higher by 1.06% or $0.31/share to $29.63. Coventry Health Care Inc. is trading at a price to book ratio of 0.95. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.22. The price to sales ratio came in at 0.36. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1212100 shares of CVH exchange hands on a given day and today's volume is recorded at 1588148. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Coventry Health Care, Inc. (Coventry) is a diversified national managed healthcare company based in Bethesda, Maryland.