Relatively Low Price to Sales Ratio Detected in Shares of Zagg in the Consumer Electronics Industry (ZAGG, GPRO, HAR, UEIC, GRMN)
Below are the three companies in the Consumer Electronics industry with the lowest price to sales per share ratios. Often companies with the lowest ratio present the greatest value to investors.
Zagg ranks lowest with a a price to sales ratio of 0.54. Following is Gen-Probe with a a price to sales ratio of 0.80. Harman International Industries ranks third lowest with a a price to sales ratio of 0.84.
Universal Electronics follows with a a price to sales ratio of 1.90, and Garmin rounds out the bottom five with a a price to sales ratio of 2.84.
SmarTrend recommended that its subscribers protect gains by selling shares of Zagg on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $8.34. Since that call, shares of Zagg have fallen 33.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest price to sales ratio amex:gpro Gen-Probe harman international industries universal electronics Garmin