TMCnet News
Universal Electronics has the Lowest Return on Equity in the Consumer Electronics Industry (UEIC, ZAGG, HAR, MSN, GRMN)May 18, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Consumer Electronics 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.Universal Electronics ranks lowest with a ROE of 7.3%. Zagg is next with a ROE of 8.9%. Harman International Industries ranks third lowest with a ROE of 11.3%. Emerson Radio follows with a ROE of 14.7%, and Garmin rounds out the bottom five with a ROE of 15.6%. SmarTrend recommended that its subscribers protect gains by selling shares of Zagg on April 18th, 2013 by issuing a Downtrend alert when the shares were trading at $6.81. Since that call, shares of Zagg have fallen 26.1%. 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 |
