Shares of UAM traded higher by 13.51% or $1.24/share to $10.42. NYSE is trading at a price to book ratio of 0.73. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.07 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.31. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 284748 shares of UAM exchange hands on a given day and today's volume is recorded at 126477. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Universal American Corp. is a specialty health and life insurance holding company with a focus on providing a range of health insurance and managed care products and services to the senior population.
