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Allscripts Healt has the Lowest Price to Forward Sales in the Health Care Technology Industry (MDRX, EVH, CSLT, CPSI, OMCL)

By James Quinn

Below are the three companies in the Health Care Technology industry with the lowest 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.

Allscripts Healt ranks lowest with a a price to forward sales ratio of 0.47. Following is Evolent Health-A with a a price to forward sales ratio of 0.52. Castlight Heal-B ranks third lowest with a a price to forward sales ratio of 0.58.

Computer Program follows with a a price to forward sales ratio of 0.98, and Omnicell Inc rounds out the bottom five with a a price to forward sales ratio of 2.84.

SmarTrend recommended that its subscribers protect gains by selling shares of Evolent Health-A on March 5th, 2020 by issuing a Downtrend alert when the shares were trading at $8.57. Since that call, shares of Evolent Health-A have fallen 47.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to forward sales allscripts healt evolent health-a castlight heal-b computer program omnicell inc

Ticker(s): MDRX EVH CSLT CPSI OMCL