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Cabot is Among the Companies in the Diversified Chemicals Industry With the Lowest Price to Book Ratio (CBT, ASH, PENX, OLN, HUN)
Feb 06, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Diversified Chemicals industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.Cabot ranks lowest with a a price to book ratio of 1.30. Following is Ashland with a a price to book ratio of 1.50. Penford ranks third lowest with a a price to book ratio of 1.65.
Olin follows with a a price to book ratio of 1.90, and Huntsman rounds out the bottom five with a a price to book ratio of 2.03.
SmarTrend recommended that subscribers consider buying shares of Huntsman on August 6th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $13.36. Since that recommendation, shares of Huntsman have risen 34.0%. We continue to monitor Huntsman for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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