[March 16, 2013] Lowest Return on Equity in the Application Software Industry Detected in Shares of Authentidate Holding (ADAT, CALD, MITK, SMSI, MOTR) Tweet Mar 16, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Application Software industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.Authentidate Holding ranks lowest with a ROE of -338.2%. Following is Callidus Software with a ROE of -313.9%. Mitek Systems ranks third lowest with a ROE of -58.3%. Smith Micro Software follows with a ROE of -47.4%, and Motricity rounds out the bottom five with a ROE of -40.9%. SmarTrend recommended that its subscribers protect gains by selling shares of Motricity on December 24th, 2012 by issuing a Downtrend alert when the shares were trading at $0.48. Since that call, shares of Motricity have fallen 25.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. 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 [ Back To TMCnet.com's Homepage ]