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NFP is trading low, playing it now might |
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be a great way to gain extra profits. |
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Released on Monday, September 26, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) - National Financial Partners Corporation (NYSE:NFP) is looking hot today. The stock is currently trading at $10.87 per share (Friday's), at the lower end of its 52-week range of $10.01 to $16.46 per share.
This company's stock is truly a small cap with a market capitalization of only around $465.2 million dollars. Bearing in mind that with all small caps, trading volume is a key component, and this stock offers on average 356,000 shares available to change hands.
NFP is priced at 12.79 times earnings, so it could be slightly undervalued at the moment. The current EPS is $0.88. Its beta is a moving 3.06, so when the market is having a good week, so should NFP.
National Financial has current assets of $357 million and current liabilities of $181 million leading to a current ratio of approximately 1.97. The company also has a nice acid ratio of about 1.70 so it is fairly solvent for a small cap stock. NFP has also shown positive income for the past several quarters.
The stock is trading low, so playing it now might be a great way to gain extra profits before a reversal occurs from a bearish resistance breakout.
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