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Shares of DG FastChannel Rank the Lowest in Terms of Forward P/E Ratio in the Communications Equipment Industry (DGIT, BRCD, ARRS, EMKR, BBOX)May 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Communications Equipment industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.DG FastChannel ranks lowest with a a forward P/E ratio of 7.51. Following is Brocade Communications Systems with a a forward P/E ratio of 7.96. Arris Group ranks third lowest with a a forward P/E ratio of 8.20. Emcore follows with a a forward P/E ratio of 8.45, and Black Box rounds out the bottom five with a a forward P/E ratio of 8.52. SmarTrend recommended that subscribers consider buying shares of Black Box on April 25th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $22.14. Since that recommendation, shares of Black Box have risen 17.0%. We continue to monitor Black Box for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |
