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Friday, August 5, 2011

Great Stock Value (NYSE: HNT)

Shares of HNT fell by 1.65% or $-0.4/share to $23.78. Health Net Inc. is trading at a price to book ratio of 1.49. The PEG is 0.83 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.16. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 866298 shares of HNT exchange hands on a given day and today's volume is recorded at 915617. 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.

Health Net, Inc. (Health Net) is a managed care organization that delivers managed health care services through health plans and government-sponsored managed care plans.