WebRCT Industry News


TMCNet:  Richardson Electronics has the Highest Current Ratio in the Technology Distributors Industry (RELL, IFON, AXE, PCCC, SCSC)

[December 03, 2012]

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 cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

[ Back To Homepage ]

Stay Connected with WebRTC World

Free WebRTC eNewsletter

Sign up now to recieve your free WebRTC eNewsletter for all up to date news and conference details. Its free! what are you waiting for.

Featured Videos