TMCnet News
Lowest Return on Equity in the Construction & Engineering Industry Detected in Shares of India Globalization Capital (IGC, IESC, STRL, LAYN, URS)Jul 15, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Construction & Engineering industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.India Globalization Capital ranks lowest with a ROE of -99.6%. Following is Integrated Electrical Services with a ROE of -40.0%. Sterling Construction ranks third lowest with a ROE of -19.4%. Layne Christensen follows with a ROE of -13.5%, and URS rounds out the bottom five with a ROE of -12.0%. SmarTrend recommended that its subscribers protect gains by selling shares of India Globalization Capital on April 11th, 2012 by issuing a Downtrend alert when the shares were trading at $0.35. Since that call, shares of India Globalization Capital have fallen 30.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. 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 |
