Peerless Systems is Among the Companies in the Application Software Industry With the Highest Current Ratio (PRLS, AMAP, DMRC, VHC, TNAV)
Below are the three companies in the Application Software 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.
Peerless Systems ranks highest with a a current ratio of 37.0. AutoNavi Holdings is next with a a current ratio of 11.6. Digimarc ranks third highest with a a current ratio of 9.4.
VirnetX Holding follows with a a current ratio of 7.3, and TeleNav rounds out the top five with a a current ratio of 6.0.
SmarTrend recommended that subscribers consider buying shares of VirnetX Holding on April 28th, 2014 as our technology indicated a new Uptrend was in progress when shares hit $16.70. Since that recommendation, shares of VirnetX Holding have risen 5.4%. We continue to monitor VirnetX Holding for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio peerless systems autonavi holdings digimarc amex:vhc virnetx holding telenav