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Shares of Evolent Health-A Rank the Lowest in Terms of Price to Forward Sales in the Health Care Technology Industry (EVH, MDRX, CPSI, CSLT, OMCL)

By Nick Russo

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.

Evolent Health-A ranks lowest with a a price to forward sales ratio of 0.83. Following is Allscripts Healt with a a price to forward sales ratio of 0.85. Computer Program ranks third lowest with a a price to forward sales ratio of 1.06.

Castlight Heal-B follows with a a price to forward sales ratio of 1.21, and Omnicell Inc rounds out the bottom five with a a price to forward sales ratio of 3.37.

SmarTrend recommended that subscribers consider buying shares of Allscripts Healt on September 12th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $10.32. Since that recommendation, shares of Allscripts Healt have risen 6.3%. We continue to monitor Allscripts Healt for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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

Ticker(s): EVH MDRX CPSI CSLT OMCL