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Relatively Low Price to Last Quarter Annualized Sales Ratio Detected in Shares of Zagg Inc in the Consumer Electronics Industry (ZAGG, GPRO, UEIC, HAR, GRMN)

By James Quinn

Below are the three companies in the Consumer Electronics industry with the lowest 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.

Zagg Inc ranks lowest with a price to last quarter annualized sales ratio of 0.10. Following is Gopro Inc-Cl A with a price to last quarter annualized sales ratio of 0.18. Universal Elec ranks third lowest with a price to last quarter annualized sales ratio of 0.21.

Harman Intl follows with a price to last quarter annualized sales ratio of 0.28, and Garmin Ltd rounds out the bottom five with a price to last quarter annualized sales ratio of 1.24.

SmarTrend recommended that its subscribers protect gains by selling shares of Zagg Inc on March 11th, 2019 by issuing a Downtrend alert when the shares were trading at $10.51. Since that call, shares of Zagg Inc have fallen 32.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to last quarter annualized sales ratio zagg inc gopro inc-cl a universal elec :har harman intl garmin ltd

Ticker(s): ZAGG GPRO UEIC GRMN