TMCnet News
Relatively High Current Ratio Detected in Shares of Syntel in the Data Processing & Outsourced Services Industry (SYNT, CVG, INOD, NSR, TTEC)May 01, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Data Processing & Outsourced Services 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.Syntel ranks highest with a a current ratio of 3.9. Following is Convergys with a a current ratio of 3.8. Innodata Isogen ranks third highest with a a current ratio of 3.4. NeuStar follows with a a current ratio of 3.3, and TeleTech rounds out the top five with a a current ratio of 2.9. SmarTrend recommended that subscribers consider buying shares of TeleTech on December 4th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $17.41. Since that recommendation, shares of TeleTech have risen 22.3%. We continue to monitor TeleTech 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 |