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Highest Current Ratio in the IT Consulting & Other Services Industry Detected in Shares of Virtusa (VRTU, CTSH, PRFT, EDGW, CSPI)

By Amy Schwartz

Below are the three companies in the IT Consulting & Other 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.

Virtusa ranks highest with a a current ratio of 4.3. Following is Cognizant Technology Solutions with a a current ratio of 3.4. Perficient ranks third highest with a a current ratio of 3.1.

Edgewater Technology follows with a a current ratio of 2.3, and CSP rounds out the top five with a a current ratio of 2.3.

SmarTrend recommended that subscribers consider buying shares of CSP on March 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $6.10. Since that recommendation, shares of CSP have risen 67.7%. We continue to monitor CSP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest current ratio virtusa Cognizant Technology Solutions perficient edgewater technology

Ticker(s): VRTU CTSH PRFT EDGW CSPI CSP