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Shares of Covenant Trans-A Rank the Lowest in Terms of Price to Book Ratio in the Trucking Industry (CVTI, USAK, R, ARCB, HTZ)

By Shiri Gupta

Below are the three companies in the Trucking industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.

Covenant Trans-A ranks lowest with a a price to book ratio of 0.85. Usa Truck Inc is next with a a price to book ratio of 0.91. Ryder System Inc ranks third lowest with a a price to book ratio of 1.04.

Arcbest Corp follows with a a price to book ratio of 1.09, and Hertz Global Hol rounds out the bottom five with a a price to book ratio of 1.23.

SmarTrend recommended that its subscribers protect gains by selling shares of Covenant Trans-A on October 1st, 2019 by issuing a Downtrend alert when the shares were trading at $16.08. Since that call, shares of Covenant Trans-A have fallen 13.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to book ratio covenant trans-a usa truck inc ryder system inc arcbest corp hertz global hol

Ticker(s): CVTI USAK R ARCB HTZ