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TMCNet:  Highest P/E Ratio in the Internet Software & Services Industry Detected in Shares of LogMeIn (LOGM, ONVI, EQIX, LPSN, QNST)

[February 12, 2013]

Highest P/E Ratio in the Internet Software & Services Industry Detected in Shares of LogMeIn (LOGM, ONVI, EQIX, LPSN, QNST)

Feb 12, 2013 (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.LogMeIn ranks highest with a a P/E ratio of 97.17. Onvia is next with a a P/E ratio of 91.25. Equinix ranks third highest with a a P/E ratio of 85.17.

LivePerson follows with a a P/E ratio of 73.68, and QuinStreet rounds out the top five with a a P/E ratio of 71.11.

SmarTrend recommended that its subscribers protect gains by selling shares of QuinStreet on August 23rd, 2012 by issuing a Downtrend alert when the shares were trading at $8.31. Since that call, shares of QuinStreet have fallen 23.7%. 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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