Apr 18, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Consumer Electronics industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.Emerson Radio ranks lowest with a a price to book ratio of 0.87. Following is Universal Electronics with a a price to book ratio of 1.08. Harman International Industries ranks third lowest with a a price to book ratio of 2.18.
Garmin follows with a a price to book ratio of 2.71, and Zagg rounds out the bottom five with a a price to book ratio of 3.27.
SmarTrend recommended that subscribers consider buying shares of Zagg on January 20th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $8.38. Since that recommendation, shares of Zagg have risen 34.5%. We continue to monitor Zagg for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
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