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Shares of QLogic Rank the Highest in Terms of Current Ratio in the Computer Storage & Peripherals Industry (QLGC, INPH, IVAC, QBAK, IGOI)May 01, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Computer Storage & Peripherals 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.QLogic ranks highest with a a current ratio of 8.2. Following is Interphase with a a current ratio of 7.4. Intevac ranks third highest with a a current ratio of 5.5. Qualstar follows with a a current ratio of 5.3, and iGo rounds out the top five with a a current ratio of 5.2. SmarTrend recommended that its subscribers protect gains by selling shares of iGo on December 21st, 2012 by issuing a Downtrend alert when the shares were trading at $3.30. Since that call, shares of iGo have fallen 24.5%. 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 |