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Shares of Dycom Industries Rank the Highest in Terms of Current Ratio in the Construction & Engineering Industry (DY, FRM, NWPX, INSU, PWR)
Mar 01, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Construction & Engineering 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.Dycom Industries ranks highest with a a current ratio of 3.3. Following is Furmanite with a a current ratio of 3.3. Northwest Pipe ranks third highest with a a current ratio of 2.9.
Insituform Technologies follows with a a current ratio of 2.6, and Quanta Services rounds out the top five with a a current ratio of 2.5.
SmarTrend recommended that subscribers consider buying shares of Furmanite on December 7th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $4.53. Since that recommendation, shares of Furmanite have risen 31.9%. We continue to monitor Furmanite 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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