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Ebix is Among the Companies in the Application Software Industry With the Lowest PEG Ratio (EBIX, AMAP, PMTC, FICO, MENT)
Jan 18, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Application Software industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.
Ebix ranks lowest with a a PEG ratio of 0.45. AutoNavi Holdings is next with a a PEG ratio of 0.48. Parametric Technology ranks third lowest with a a PEG ratio of 0.72.
Fair Isaac follows with a a PEG ratio of 0.78, and Mentor Graphics rounds out the bottom five with a a PEG ratio of 0.82.
SmarTrend recommended that its subscribers protect gains by selling shares of Ebix on October 22nd, 2012 by issuing a Downtrend alert when the shares were trading at $21.93. Since that call, shares of Ebix have fallen 25.3%. 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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