SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

Shares of Iridiummmunications Rank the Lowest in Terms of Price to Book Ratio in the Alternative Carriers Industry (IRDM, VG, PGI, TWER, LVLT)
[December 06, 2012]

Shares of Iridiummmunications Rank the Lowest in Terms of Price to Book Ratio in the Alternative Carriers Industry (IRDM, VG, PGI, TWER, LVLT)

Dec 06, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Alternative Carriers industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.Iridiummmunications ranks lowest with a a price to book ratio of 0.60. Vonage is next with a a price to book ratio of 1.68. Premiere Global Services ranks third lowest with a a price to book ratio of 1.72.

Towerstream follows with a a price to book ratio of 2.49, and Level 3 Communications rounds out the bottom five with a a price to book ratio of 3.48.

SmarTrend recommended that its subscribers protect gains by selling shares of Iridiummmunications on August 2nd, 2012 by issuing a Downtrend alert when the shares were trading at $7.99. Since that call, shares of Iridiummmunications have fallen 19.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.


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

[ Back To TMCnet.com's Homepage ]





LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy