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Top 5 Companies in the Gas Utilities Industry With the Highest Current Ratio (LG, SPH, OKE, UGI, WGL)
Mar 01, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Gas Utilities 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.Laclede ranks highest with a a current ratio of 1.5. Suburban Propane is next with a a current ratio of 1.5. Oneok ranks third highest with a a current ratio of 1.2.
UGI follows with a a current ratio of 1.1, and WGL Holdings rounds out the top five with a a current ratio of 1.0.
SmarTrend recommended that subscribers consider buying shares of WGL Holdings on November 30th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $38.99. Since that recommendation, shares of WGL Holdings have risen 8.2%. We continue to monitor WGL Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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