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Relatively High Price to Last Quarter Annualized Sales Ratio Detected in Shares of Public Storage in the Specialized REITs Industry (PSA, EXR, CUBE, EPR, AMT)

By Nick Russo

Below are the three companies in the Specialized REITs industry with the highest Price to Last Quarter Annualized (LQA) Sales ratios. Price/LQA Sales is a valuable metric used to compare comparable companies using the most recent sales data on an annualized basis. Generally, the lower the ratio, the more undervalued the company.

Public Storage ranks highest with a price to last quarter annualized sales ratio of 17.12. Following is Extra Space Storage with a price to last quarter annualized sales ratio of 15.01. CubeSmart ranks third highest with a price to last quarter annualized sales ratio of 12.15.

Entertainment Properties Trust follows with a price to last quarter annualized sales ratio of 11.50, and American Tower rounds out the top five with a price to last quarter annualized sales ratio of 11.40.

SmarTrend recommended that its subscribers protect gains by selling shares of Extra Space Storage on July 27th, 2016 by issuing a Downtrend alert when the shares were trading at $89.79. Since that call, shares of Extra Space Storage have fallen 10.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest price to last quarter annualized sales ratio public storage extra space storage cubesmart entertainment properties trust American Tower

Ticker(s): PSA EXR CUBE EPR AMT