TMCnet News
Meridian Bioscience has the Highest Return on Equity in the Health Care Supplies Industry (VIVO, UTMD, SPAN, ATRI, XRAY)Apr 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Health Care Supplies industry with the highest 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.Meridian Bioscience ranks highest with a ROE of 25.6%. Utah Medical Products is next with a ROE of 22.2%. Span-America Medical Systems ranks third highest with a ROE of 20.0%. Atrion follows with a ROE of 17.3%, and DENTSPLY International rounds out the top five with a ROE of 15.5%. SmarTrend recommended that subscribers consider buying shares of Span-America Medical Systems on November 2nd, 2011 as our technology indicated a new Uptrend was in progress when shares hit $14.80. Since that recommendation, shares of Span-America Medical Systems have risen 40.1%. We continue to monitor Span-America Medical Systems 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 |
