TMCNet:  Shares of Rackspace Hosting Rank the Highest in Terms of P/E Ratio in the Internet Software & Services Industry (RAX, EQIX, LOGM, LPSN, OPEN)

[November 12, 2012]

Shares of Rackspace Hosting Rank the Highest in Terms of P/E Ratio in the Internet Software & Services Industry (RAX, EQIX, LOGM, LPSN, OPEN)

Nov 12, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Internet Software & Services industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.Rackspace Hosting ranks highest with a a P/E ratio of 96.00. Equinix is next with a a P/E ratio of 88.09. LogMeIn ranks third highest with a a P/E ratio of 68.47.


LivePerson follows with a a P/E ratio of 61.41, and OpenTable rounds out the top five with a a P/E ratio of 47.40.

SmarTrend recommended that its subscribers protect gains by selling shares of LivePerson on October 18th, 2012 by issuing a Downtrend alert when the shares were trading at $16.50. Since that call, shares of LivePerson have fallen 18.1%. 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 --------------------------------------------------------------------------------------------- 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

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