TMCnet News
Relatively Low Current Ratio Detected in Shares of Hewlett-Packard in the Computer Hardware Industry (HPQ, DELL, SGI, AAPL, AVID)Jan 07, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Computer Hardware 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.Hewlett-Packard ranks lowest with a a current ratio of 1.1. Dell is next with a a current ratio of 1.2. Silicon Graphics International ranks third lowest with a a current ratio of 1.4. Apple follows with a a current ratio of 1.5, and Avid Technology rounds out the bottom five with a a current ratio of 1.5. SmarTrend recommended that subscribers consider buying shares of Silicon Graphics International on December 10th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $9.09. Since that recommendation, shares of Silicon Graphics International have risen 13.6%. We continue to monitor Silicon Graphics International 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 |