• Return to Headlines

Meridian Bioscience has the Highest Return on Equity in the Health Care Supplies Industry (VIVO, ATRI, ALGN, UTMD, ANIK)

By Shiri Gupta

Below are the three companies in the Health Care Supplies industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Meridian Bioscience ranks highest with a ROE of 21.6%. Atrion is next with a ROE of 19.6%. Align Technology ranks third highest with a ROE of 17.7%.

Utah Medical Products follows with a ROE of 17.5%, and Anika Therapeutics rounds out the top five with a ROE of 14.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Anika Therapeutics on July 29th, 2016 by issuing a Downtrend alert when the shares were trading at $49.60. Since that call, shares of Anika Therapeutics have fallen 6.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity meridian bioscience atrion align technology utah medical products anika therapeutics