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Relatively High Price to Last Quarter Annualized Sales Ratio Detected in Shares of Asta Funding in the Consumer Finance Industry (ASFI, CACC, SLM, DFS, AXP)

By Shiri Gupta

Below are the three companies in the Consumer Finance 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.

Asta Funding ranks highest with a price to last quarter annualized sales ratio of 9.53. Credit Acceptance is next with a price to last quarter annualized sales ratio of 5.12. SLM ranks third highest with a price to last quarter annualized sales ratio of 4.02.

Discover Financial Services follows with a price to last quarter annualized sales ratio of 2.60, and American Express rounds out the top five with a price to last quarter annualized sales ratio of 1.73.

SmarTrend recommended that its subscribers protect gains by selling shares of Asta Funding on September 15th, 2016 by issuing a Downtrend alert when the shares were trading at $10.26. Since that call, shares of Asta Funding have fallen 3.6%. 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 asta funding credit acceptance discover financial services american express

Ticker(s): ASFI CACC SLM DFS AXP