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Lowest Current Ratio in the Diversified Chemicals Industry Detected in Shares of EI Du Pont de Nemours (DD, OLN, PPG, ASH, CBT)
Mar 07, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Diversified Chemicals industry with the lowest 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.EI Du Pont de Nemours ranks lowest with a a current ratio of 1.6. Olin is next with a a current ratio of 1.7. PPG Industries ranks third lowest with a a current ratio of 1.7.
Ashland follows with a a current ratio of 1.7, and Cabot rounds out the bottom five with a a current ratio of 1.8.
SmarTrend recommended that subscribers consider buying shares of EI Du Pont de Nemours on December 18th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $44.72. Since that recommendation, shares of EI Du Pont de Nemours have risen 8.9%. We continue to monitor EI Du Pont de Nemours 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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