TMCnet News
Cache has the Lowest Price to Book Ratio in the Apparel Retail Industry (CACH, BEBE, CTRN, WTSLA, SMRT)Jan 04, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Apparel Retail industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.Cache ranks lowest with a a price to book ratio of 0.78. Bebe Stores is next with a a price to book ratio of 0.88. Citi Trends ranks third lowest with a a price to book ratio of 1.04. Wet Seal follows with a a price to book ratio of 1.14, and Stein Mart rounds out the bottom five with a a price to book ratio of 1.26. SmarTrend recommended that its subscribers protect gains by selling shares of Wet Seal on October 6th, 2011 by issuing a Downtrend alert when the shares were trading at $4.16. Since that call, shares of Wet Seal have fallen 32.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |