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Wednesday, December 12, 2012

Excellent Stock Value (NYSE: AET)

Shares of AET traded higher by 2.56% or $1.14/share to $45.62. NYSE is trading at a price to book ratio of 1.37. The PEG is 0.95 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.42. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 4689880 shares of AET exchange hands on a given day and today's volume is recorded at 1113555. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

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