Shares of CNO traded higher by 4.47% or $0.46/share to $10.75. NYSE is trading at a price to book ratio of 0.47. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.65. The price to sales ratio came in at 0.54. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1481740 shares of CNO exchange hands on a given day and today's volume is recorded at 598228. 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.
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.
