Shares of WCG traded higher by 4.02% or $1.42/share to $36.70. WellCare Health Plans, Inc. is trading at a price to book ratio of 1.58. The PEG is 0.66 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.26. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 753839 shares of WCG exchange hands on a given day and today's volume is recorded at 338856. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
WellCare Health Plans, Inc. provides managed care services exclusively to government-sponsored health care programs.
