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Otelco is Among the Companies in the Integrated Telecommunication Services Industry With the Highest Current Ratio (OTT, GNCMA, ATNI, HTCO, FTR)
Jan 01, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Integrated Telecommunication Services 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.Otelco ranks highest with a a current ratio of 3.0. General Communication is next with a a current ratio of 1.7. Atlantic Tele-Network ranks third highest with a a current ratio of 1.6.
HickoryTech follows with a a current ratio of 1.5, and Frontier Communications rounds out the top five with a a current ratio of 1.4.
SmarTrend recommended that its subscribers protect gains by selling shares of Frontier Communications on November 6th, 2012 by issuing a Downtrend alert when the shares were trading at $4.43. Since that call, shares of Frontier Communications have fallen 3.3%. 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
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