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Top 5 Companies in the Health Care Technology Industry With the Lowest Price to Book Ratio (EVH, MDRX, CSLT, INOV, HSTM)

By James Quinn

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

Evolent Health-A ranks lowest with a a price to book ratio of 1.00. Following is Allscripts Healt with a a price to book ratio of 1.61. Castlight Heal-B ranks third lowest with a a price to book ratio of 2.45.

Inovalon Holdi-A follows with a a price to book ratio of 2.77, and Healthstream Inc rounds out the bottom five with a a price to book ratio of 2.93.

SmarTrend recommended that its subscribers protect gains by selling shares of Inovalon Holdi-A on March 6th, 2019 by issuing a Downtrend alert when the shares were trading at $12.86. Since that call, shares of Inovalon Holdi-A have fallen 7.8%. 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 evolent health-a allscripts healt castlight heal-b inovalon holdi-a :hstm healthstream inc

Ticker(s): EVH MDRX CSLT INOV