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Relatively Low Price to Book Ratio Detected in Shares of Neurometrix in the Health Care Equipment Industry (NURO, ATEC, TGX, ELMD, ANGO)
Jan 04, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Health Care Equipment industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.Neurometrix ranks lowest with a a price to book ratio of 0.57. Alphatec Holdings is next with a a price to book ratio of 0.65. Theragenics ranks third lowest with a a price to book ratio of 0.72.
Electromed follows with a a price to book ratio of 0.73, and Angiodynamics rounds out the bottom five with a a price to book ratio of 0.75.
SmarTrend recommended that its subscribers protect gains by selling shares of Neurometrix on December 27th, 2011 by issuing a Downtrend alert when the shares were trading at $1.32. Since that call, shares of Neurometrix have fallen 65.2%. 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
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