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 cbrian@mysmartrend.com
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