Relatively High Current Ratio Detected in Shares of Gencor Industries in the Industrial Machinery Industry (GENC, SNHY, SCX, ROLL, EML)
Below are the three companies in the Industrial Machinery 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.
Gencor Industries ranks highest with a a current ratio of 26.8. Following is Sun Hydraulics with a a current ratio of 12.0. LS Starrett ranks third highest with a a current ratio of 6.1.
RBC Bearings follows with a a current ratio of 5.6, and Eastern rounds out the top five with a a current ratio of 5.5.
SmarTrend recommended that subscribers consider buying shares of Gencor Industries on February 10th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $12.73. Since that recommendation, shares of Gencor Industries have risen 38.3%. We continue to monitor Gencor Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio gencor industries sun hydraulics ls starrett rbc bearings amex:eml eastern