TMCnet News
Top 5 Companies in the Consumer Electronics Industry With the Highest Current Ratio (MSN, ZAGG, GRMN, UEIC, HAR)Jan 01, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Consumer Electronics 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.Emerson Radio ranks highest with a a current ratio of 4.6. Following is Zagg with a a current ratio of 4.1. Garmin ranks third highest with a a current ratio of 2.8. Universal Electronics follows with a a current ratio of 2.0, and Harman International Industries rounds out the top five with a a current ratio of 1.6. SmarTrend recommended that subscribers consider buying shares of Harman International Industries on December 11th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $41.36. Since that recommendation, shares of Harman International Industries have risen 7.9%. We continue to monitor Harman International Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |