Shares of MOH traded higher by 22.71% or $4.035/share to $21.80. NYSE is trading at a price to book ratio of 1.06. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.88 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.16. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 993622 shares of MOH exchange hands on a given day and today's volume is recorded at 624607. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Molina Healthcare, Inc. provides Medicaid-related solutions to meet the health care needs of low-income families and individuals, and to assist state agencies in their administration of the Medicaid program.
