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The New York Times is Among the Companies in the Publishing Industry With the Highest Current Ratio (NYT, SSP, MSO, MORN, SCHL)
[December 03, 2012]

The New York Times is Among the Companies in the Publishing Industry With the Highest Current Ratio (NYT, SSP, MSO, MORN, SCHL)

Dec 03, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Publishing industry with the highest 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.The New York Times ranks highest with a a current ratio of 2.6. EW Scripps is next with a a current ratio of 2.5. Martha Stewart Living ranks third highest with a a current ratio of 2.1.

Morningstar follows with a a current ratio of 1.9, and Scholastic rounds out the top five with a a current ratio of 1.7.

SmarTrend recommended that its subscribers protect gains by selling shares of The New York Times on October 25th, 2012 by issuing a Downtrend alert when the shares were trading at $9.10. Since that call, shares of The New York Times have fallen 10.9%. 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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