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8X8 INC is Among the Companies in the Alternative Carriers Industry With the Highest Price to Forward Sales (EGHT, CCOI, ORBC, SAAS, LVLT)

By Nick Russo

Below are the three companies in the Alternative Carriers 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.

8X8 INC ranks highest with a a price to forward sales ratio of 5.65. Following is Cogent Communications with a a price to forward sales ratio of 3.65. ORBCOMM ranks third highest with a a price to forward sales ratio of 3.55.

inContact follows with a a price to forward sales ratio of 3.36, and Level 3 Communications rounds out the top five with a a price to forward sales ratio of 1.93.

SmarTrend recommended that its subscribers protect gains by selling shares of Level 3 Communications on July 28th, 2016 by issuing a Downtrend alert when the shares were trading at $51.47. Since that call, shares of Level 3 Communications have fallen 9.9%. 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 8x8 inc cogent communications orbcomm incontact level 3 communications

Ticker(s): EGHT CCOI ORBC SAAS LVLT