TMCnet News
Richardson Electronics has the Highest Current Ratio in the Technology Distributors Industry (RELL, IFON, AXE, PCCC, SCSC)Dec 03, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Technology Distributors 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.Richardson Electronics ranks highest with a a current ratio of 10.4. Following is Infosonics with a a current ratio of 4.0. Anixter International ranks third highest with a a current ratio of 2.5. PC Connection follows with a a current ratio of 2.4, and Scansource rounds out the top five with a a current ratio of 2.2. SmarTrend recommended that its subscribers protect gains by selling shares of Infosonics on August 21st, 2012 by issuing a Downtrend alert when the shares were trading at $1.15. Since that call, shares of Infosonics have fallen 37.4%. 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 |