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Syntel is Among the Companies in the Data Processing & Outsourced Services Industry With the Highest Current Ratio (SYNT, CVG, INOD, EXLS, NSR)
Mar 01, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Data Processing & Outsourced 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.Syntel ranks highest with a a current ratio of 3.9. Following is Convergys with a a current ratio of 3.6. Innodata Isogen ranks third highest with a a current ratio of 3.4.
ExlService Holdings follows with a a current ratio of 3.4, and NeuStar rounds out the top five with a a current ratio of 3.3.
SmarTrend recommended that subscribers consider buying shares of Syntel on January 31st, 2013 as our technology indicated a new Uptrend was in progress when shares hit $57.99. Since that recommendation, shares of Syntel have risen 3.7%. We continue to monitor Syntel 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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