Shares of CNC traded higher by 19.74% or $5.71/share to $34.64. NYSE is trading at a price to book ratio of 1.52. The PEG is 1.21. The price to sales ratio came in at 0.25. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1474310 shares of CNC exchange hands on a given day and today's volume is recorded at 4230812. 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.
Centene Corporation is a multi-line healthcare enterprise, which provides programs and services to the number of under-insured and uninsured individuals.
