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Shares of Amerco Rank the Highest in Terms of Current Ratio in the Trucking Industry (UHAL, HTLD, KNX, MRTN, WERN)
Mar 01, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Trucking 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.Amerco ranks highest with a a current ratio of 5.7. Heartland Express is next with a a current ratio of 4.2. Knight Transportation ranks third highest with a a current ratio of 3.0.
Marten Transport follows with a a current ratio of 2.0, and Werner Enterprises rounds out the top five with a a current ratio of 1.8.
SmarTrend recommended that subscribers consider buying shares of Amerco on November 29th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $118.81. Since that recommendation, shares of Amerco have risen 26.8%. We continue to monitor Amerco 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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