Shares of LPNT traded higher by 2.83% or $0.86/share to $31.30. Lifepoint Hospitals Inc. is trading at a price to book ratio of 0.8. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.07 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.46. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 530788 shares of LPNT exchange hands on a given day and today's volume is recorded at 319470. 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.
LifePoint Hospitals, Inc. (LifePoint), through its subsidiaries, operates general acute care hospitals in non-urban communities in the United States.
