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Friday, February 8, 2013

Potential Takeover Candidate? (NYSE: ENH)

Shares of ENH fell by 0.05% or $-0.02/share to $44.03. NYSE is trading at a price to book ratio of 0.68. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.45. The price to sales ratio came in at 0.87. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 309126 shares of ENH exchange hands on a given day and today's volume is recorded at 140770. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Endurance Specialty Holdings Ltd. (Endurance Holdings) is a holding company.