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Universal Electronics is Among the Companies in the Consumer Electronics Industry With the Lowest Current Ratio (UEIC, HAR, GRMN, ZAGG, MSN)Feb 07, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Consumer Electronics industry with the lowest 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.Universal Electronics ranks lowest with a a current ratio of 2.0. Harman International Industries is next with a a current ratio of 2.1. Garmin ranks third lowest with a a current ratio of 2.8. Zagg follows with a a current ratio of 4.1, and Emerson Radio rounds out the bottom five with a a current ratio of 4.6. SmarTrend recommended that subscribers consider buying shares of Universal Electronics on November 26th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $16.93. Since that recommendation, shares of Universal Electronics have risen 10.7%. We continue to monitor Universal Electronics 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 |