Shares of AIZ traded higher by 3.98% or $1.53/share to $40.01. NYSE is trading at a price to book ratio of 0.59. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.81 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.36. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 893923 shares of AIZ exchange hands on a given day and today's volume is recorded at 397457. 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.
Assurant, Inc. (Assurant) is a provider of specialized insurance products and related services in North America and select worldwide markets.
