Highest Price to Forward Sales in the Life Sciences Tools & Services Industry Detected in Shares of Compugen (CGEN, ILMN, PACB, TECH, WAT)
Below are the three companies in the Life Sciences Tools & Services 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.
Compugen ranks highest with a a price to forward sales ratio of 24.12. Following is Illumina with a a price to forward sales ratio of 8.01. Pacific Biosciences of California ranks third highest with a a price to forward sales ratio of 7.94.
Techne follows with a a price to forward sales ratio of 7.32, and Waters rounds out the top five with a a price to forward sales ratio of 5.23.
SmarTrend recommended that its subscribers protect gains by selling shares of Compugen on June 14th, 2016 by issuing a Downtrend alert when the shares were trading at $6.32. Since that call, shares of Compugen have fallen 9.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest price to forward sales compugen illumina pacific biosciences of california techne waters