TMCnet News
Lowest Current Ratio in the Diversified Chemicals Industry Detected in Shares of EI Du Pont de Nemours (DD, OLN, PPG, ASH, CBT)Mar 07, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Diversified Chemicals 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.EI Du Pont de Nemours ranks lowest with a a current ratio of 1.6. Olin is next with a a current ratio of 1.7. PPG Industries ranks third lowest with a a current ratio of 1.7. Ashland follows with a a current ratio of 1.7, and Cabot rounds out the bottom five with a a current ratio of 1.8. SmarTrend recommended that subscribers consider buying shares of EI Du Pont de Nemours on December 18th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $44.72. Since that recommendation, shares of EI Du Pont de Nemours have risen 8.9%. We continue to monitor EI Du Pont de Nemours 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 |
