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Relatively High Price to Last Quarter Annualized Sales Ratio Detected in Shares of Banco Latinoamericano de Exportaciones in the Diversified Banks Industry (BLX, USB, CMA, WFC, JPM)

By James Quinn

Below are the three companies in the Diversified Banks industry with the highest Price to Last Quarter Annualized (LQA) Sales ratios. Price/LQA Sales is a valuable metric used to compare comparable companies using the most recent sales data on an annualized basis. Generally, the lower the ratio, the more undervalued the company.

Banco Latinoamericano de Exportaciones ranks highest with a price to last quarter annualized sales ratio of 3.86. Following is US Bancorp with a price to last quarter annualized sales ratio of 3.47. Comerica ranks third highest with a price to last quarter annualized sales ratio of 3.05.

Wells Fargo follows with a price to last quarter annualized sales ratio of 2.77, and JPMorgan Chase rounds out the top five with a price to last quarter annualized sales ratio of 2.49.

SmarTrend recommended that subscribers consider buying shares of Comerica on July 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $43.54. Since that recommendation, shares of Comerica have risen 5.3%. We continue to monitor Comerica for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest price to last quarter annualized sales ratio banco latinoamericano de exportaciones us bancorp Comerica wells fargo JPMorgan Chase

Ticker(s): BLX USB CMA WFC JPM