Shares of SIGI fell by 1.40% or $-0.25/share to $17.55. NASDAQ is trading at a price to book ratio of 0.87. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.37. The price to sales ratio came in at 0.61. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 150760 shares of SIGI exchange hands on a given day and today's volume is recorded at 63057. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Selective Insurance Group, Inc. is a holding company for insurance subsidiaries, which offers property and casualty insurance products and services in the Eastern and Midwestern regions of the United States.
