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Daqo New Energy is Among the Companies in the Semiconductor Equipment Industry With the Lowest Current Ratio (DQ, GTAT, WFR, AMKR, TRT)
[April 06, 2012]

Daqo New Energy is Among the Companies in the Semiconductor Equipment Industry With the Lowest Current Ratio (DQ, GTAT, WFR, AMKR, TRT)


Apr 06, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Semiconductor Equipment industry with the lowest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.Daqo New Energy ranks lowest with a a current ratio of 0.8. Following is GT Advanced Technologies with a a current ratio of 1.0. MEMC Electronic Materials ranks third lowest with a a current ratio of 1.3.

Amkor Technology follows with a a current ratio of 1.6, and Trio Tech International rounds out the bottom five with a a current ratio of 1.7.

SmarTrend recommended that its subscribers protect gains by selling shares of Daqo New Energy on March 1st, 2012 by issuing a Downtrend alert when the shares were trading at $2.91. Since that call, shares of Daqo New Energy have fallen 28.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.


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