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Highest Price to Forward Sales in the Communications Equipment Industry Detected in Shares of Ubiquiti Network (UBNT, PANW, ANET, IDCC, CSCO)

By James Quinn

Below are the three companies in the Communications Equipment industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.

Ubiquiti Network ranks highest with a a price to forward sales ratio of 7.21. Following is Palo Alto Networ with a a price to forward sales ratio of 7.09. Arista Networks ranks third highest with a a price to forward sales ratio of 6.66.

Interdigital Inc follows with a a price to forward sales ratio of 5.98, and Cisco Systems rounds out the top five with a a price to forward sales ratio of 4.55.

SmarTrend recommended that its subscribers protect gains by selling shares of Ubiquiti Network on August 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $122.06. Since that call, shares of Ubiquiti Network have fallen 9.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest price to forward sales ubiquiti network palo alto networ arista networks interdigital inc Cisco Systems

Ticker(s): UBNT PANW ANET IDCC CSCO