Relatively High Current Ratio Detected in Shares of Aptargroup in the Metal & Glass Containers Industry (ATR, MYE, GEF, SLGN, OI)
Below are the three companies in the Metal & Glass Containers 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.
Aptargroup ranks highest with a a current ratio of 3.0. Following is Myers Industries with a a current ratio of 1.7. Greif ranks third highest with a a current ratio of 1.6.
Silgan Holdings follows with a a current ratio of 1.4, and Owens-Illinois rounds out the top five with a a current ratio of 1.3.
SmarTrend recommended that subscribers consider buying shares of Owens-Illinois on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $14.01. Since that recommendation, shares of Owens-Illinois have risen 35.0%. We continue to monitor Owens-Illinois for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio aptargroup myers industries greif silgan holdings owens-illinois