Highest Price to Forward Sales in the Health Care Supplies Industry Detected in Shares of Cerus (CERS, ANIK, ALGN, NEOG, UTMD)
Below are the three companies in the Health Care Supplies industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.
Cerus ranks highest with a a price to forward sales ratio of 15.26. Following is Anika Therapeutics with a a price to forward sales ratio of 7.85. Align Technology ranks third highest with a a price to forward sales ratio of 7.28.
Neogen follows with a a price to forward sales ratio of 5.94, and Utah Medical Products rounds out the top five with a a price to forward sales ratio of 5.64.
SmarTrend recommended that subscribers consider buying shares of Align Technology on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $64.17. Since that recommendation, shares of Align Technology have risen 38.9%. We continue to monitor Align Technology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales cerus anika therapeutics align technology neogen utah medical products