TMCnet News
Shares of Augme Technologies Rank the Lowest in Terms of Current Ratio in the Application Software Industry (AUGT, SCIL, CRM, TYL, BLKB)Jan 07, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Application Software 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.Augme Technologies ranks lowest with a a current ratio of 0.3. Scientific Learning is next with a a current ratio of 0.5. salesforce.com ranks third lowest with a a current ratio of 0.5. Tyler Technologies follows with a a current ratio of 0.7, and Blackbaud rounds out the bottom five with a a current ratio of 0.7. SmarTrend recommended that subscribers consider buying shares of Tyler Technologies on June 15th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $39.21. Since that recommendation, shares of Tyler Technologies have risen 27.6%. We continue to monitor Tyler Technologies 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 |