Shares of HIG fell by 7.34% or $-1.51/share to $19.06. Hartford Financial Services Group Inc. is trading at a price to book ratio of 0.43. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.62 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.37. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5053240 shares of HIG exchange hands on a given day and today's volume is recorded at 3105984. 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.
The Hartford Financial Services Group, Inc. (together with its subsidiaries, The Hartford) is an insurance and financial services company.