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Shares of Synchronoss Tech Rank the Lowest in Terms of Price to Book Ratio in the Application Software Industry (SNCR, RNWK, TYPE, NUAN, MSTR)

By Amy Schwartz

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

Synchronoss Tech ranks lowest with a a price to book ratio of 0.39. Following is Realnetworks Inc with a a price to book ratio of 1.41. Monotype Imaging ranks third lowest with a a price to book ratio of 2.52.

Nuance Communica follows with a a price to book ratio of 2.64, and Microstrategy rounds out the bottom five with a a price to book ratio of 2.82.

SmarTrend recommended that its subscribers protect gains by selling shares of Synchronoss Tech on March 13th, 2019 by issuing a Downtrend alert when the shares were trading at $6.87. Since that call, shares of Synchronoss Tech have fallen 16.6%. 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 synchronoss tech realnetworks inc monotype imaging nuance communica microstrategy

Ticker(s): SNCR RNWK TYPE NUAN MSTR