Shares of AGO traded higher by 14.64% or $1.42/share to $11.12. Assured Guaranty Ltd. is trading at a price to book ratio of 0.37. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.26 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.09. Thus, the company is not very expensive in terms of its sales. On average, 2119820 shares of AGO exchange hands on a given day and today's volume is recorded at 885859. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Assured Guaranty Ltd. (AGL) is a Bermuda-based holding company that provides, through its subsidiaries, credit protection products to the United States and international public finance, infrastructure and structured finance markets.
