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Friday, February 1, 2013

Potentially Oversold Level Reached (NYSE: RGA)

Shares of RGA traded higher by 5.99% or $3.44/share to $60.83. NYSE is trading at a price to book ratio of 0.63. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.04 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.45. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 497839 shares of RGA exchange hands on a given day and today's volume is recorded at 142243. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Reinsurance Group of America, Incorporated (RGA) is an insurance holding company.