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Friday, April 27, 2012

Undervalued Stock Detected (NYSE: AET)

Shares of AET fell by 1.96% or $-0.89/share to $44.42. NYSE is trading at a price to book ratio of 1.57. The PEG is 0.85 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.47. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3929070 shares of AET exchange hands on a given day and today's volume is recorded at 1005186. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Aetna Inc. (Aetna) is a diversified healthcare benefits company.