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Friday, August 5, 2011

Stocks with Strong Financial Metrics (NYSE: HIG)

Shares of HIG fell by 1.29% or $-0.27/share to $20.67. Hartford Financial Services Group Inc. is trading at a price to book ratio of 0.46. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.76 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.42. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 4940880 shares of HIG exchange hands on a given day and today's volume is recorded at 2054344. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

The Hartford Financial Services Group, Inc. (together with its subsidiaries, The Hartford) is an insurance and financial services company.