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Shares of Audiovox Rank the Lowest in Terms of P/E Ratio in the Distributors Industry (VOXX, WEYS, GPC, CORE, POOL)Apr 19, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Distributors industry with the lowest 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.Audiovox ranks lowest with a a P/E ratio of 7.28. Following is Weyco Group with a a P/E ratio of 13.14. Genuine Parts ranks third lowest with a a P/E ratio of 18.59. Core-Mark follows with a a P/E ratio of 20.18, and Pool rounds out the bottom five with a a P/E ratio of 27.01. SmarTrend recommended that subscribers consider buying shares of Audiovox on January 2nd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $6.87. Since that recommendation, shares of Audiovox have risen 43.1%. We continue to monitor Audiovox for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |