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Thursday, January 12, 2012

Potentially Oversold Level Reached (NYSE: NFP)

Shares of NFP traded higher by 0.96% or $0.14/share to $14.70. National Financial Partners Corp. 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 0.6. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 306717 shares of NFP exchange hands on a given day and today's volume is recorded at 257506. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.

National Financial Partners Corp. (NFP) is an independent financial services distribution company.