Iridiummmunications is Among the Companies in the Alternative Carriers Industry With the Lowest Price to Book Ratio (IRDM, ORBC, VG, PGI, LVLT)
Below are the three companies in the Alternative Carriers industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Iridiummmunications ranks lowest with a a price to book ratio of 0.61. ORBCOMM is next with a a price to book ratio of 2.22. Vonage ranks third lowest with a a price to book ratio of 2.55.
Premiere Global Services follows with a a price to book ratio of 2.64, and Level 3 Communications rounds out the bottom five with a a price to book ratio of 2.78.
SmarTrend recommended that subscribers consider buying shares of Premiere Global Services on April 24th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $10.47. Since that recommendation, shares of Premiere Global Services have risen 33.7%. We continue to monitor Premiere Global Services for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio iridiummmunications orbcomm vonage premiere global services level 3 communications