Shares of CNO fell by 1.24% or $-0.1/share to $7.99. NYSE is trading at a price to book ratio of 0.41. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.3. The price to sales ratio came in at 0.46. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1518310 shares of CNO exchange hands on a given day and today's volume is recorded at 1154427. 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.
CNO Financial Group, Inc. (CNO) is a holding company for a group of insurance companies operating throughout the United States, which develops, markets and administers health insurance, annuity, individual life insurance and other insurance products.
