Relatively High Current Ratio Detected in Shares of Conn's in the Computer & Electronics Retail Industry (CONN, RCII, SYX, BBY, HGG)
Below are the three companies in the Computer & Electronics Retail 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.
Conn's ranks highest with a a current ratio of 5.9. Following is Rent-A-Center with a a current ratio of 2.8. Systemax ranks third highest with a a current ratio of 1.6.
Best Buy follows with a a current ratio of 1.4, and hhgregg rounds out the top five with a a current ratio of 1.4.
SmarTrend recommended that its subscribers protect gains by selling shares of Conn's on May 6th, 2016 by issuing a Downtrend alert when the shares were trading at $11.84. Since that call, shares of Conn's have fallen 36.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest current ratio conn's rent-a-center systemax Best Buy hhgregg