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Haemonetics Corp is Among the Companies in the Health Care Supplies Industry With the Lowest Current Ratio (HAE, SPNC, XRAY, ALR, ALGN)

By James Quinn

Below are the three companies in the Health Care Supplies 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.

Haemonetics Corp ranks lowest with a a current ratio of 1.4. Spectranetics is next with a a current ratio of 2.0. Dentsply Sirona ranks third lowest with a a current ratio of 2.1.

Alere Inc follows with a a current ratio of 2.2, and Align Technology rounds out the bottom five with a a current ratio of 2.3.

SmarTrend recommended that subscribers consider buying shares of Alere Inc on November 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $38.98. Since that recommendation, shares of Alere Inc have risen 30.8%. We continue to monitor Alere Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio haemonetics corp :spnc spectranetics dentsply sirona :alr alere inc align technology

Ticker(s): HAE XRAY ALGN