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Relatively High EBITDA Growth Detected in Shares of StarTek in the Data Processing & Outsourced Services Industry (SRT, MGI, INOD, PRGX, ECHO)
Mar 09, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Data Processing & Outsourced Services industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power. StarTek ranks highest with a EBITDA growth of 336.0%. MoneyGram International is next with a EBITDA growth of 208.8%. Innodata Isogen ranks third highest with a EBITDA growth of 93.9%.
PRG-Schultz International follows with a EBITDA growth of 74.3%, and Echo Global Logistics rounds out the top five with a EBITDA growth of 70.2%.
SmarTrend recommended that subscribers consider buying shares of StarTek on May 10th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $2.54. Since that recommendation, shares of StarTek have risen 97.6%. We continue to monitor StarTek 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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