|
XPO Logistics has the Highest Current Ratio in the Air Freight & Logistics Industry (XPO, FWRD, AIRT, EXPD, PKOH)
Jan 01, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Air Freight & Logistics 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.XPO Logistics ranks highest with a a current ratio of 12.1. Following is Forward Air with a a current ratio of 6.1. Air T Inc ranks third highest with a a current ratio of 5.0.
Expeditors International of Washington follows with a a current ratio of 2.8, and Park-Ohio Holdings rounds out the top five with a a current ratio of 2.2.
SmarTrend recommended that subscribers consider buying shares of XPO Logistics on November 1st, 2012 as our technology indicated a new Uptrend was in progress when shares hit $13.79. Since that recommendation, shares of XPO Logistics have risen 26.0%. We continue to monitor XPO Logistics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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 Technology News's Homepage ]
|
Internet Telephony Magazine
Click here to read latest issue
CUSTOMER 
Cloud Computing Magazine
Click here to read latest issue
M2M Evolution Magazine
Call Center/CRM
Info Tech 
IP Communications 
Mobile 
Green 
Satellite 
Robotics 
