Relatively High Current Ratio Detected in Shares of Research Frontiers in the Electronic Equipment & Instruments Industry (REFR, CGNX, DGLY, FARO, COHR)
Below are the three companies in the Electronic Equipment & Instruments 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.
Research Frontiers ranks highest with a a current ratio of 27.0. Cognex is next with a a current ratio of 7.2. Digital Ally ranks third highest with a a current ratio of 6.8.
FARO Technologies follows with a a current ratio of 5.9, and Coherent rounds out the top five with a a current ratio of 5.6.
SmarTrend recommended that its subscribers protect gains by selling shares of Research Frontiers on May 9th, 2016 by issuing a Downtrend alert when the shares were trading at $4.30. Since that call, shares of Research Frontiers have fallen 39.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest current ratio research frontiers cognex digital ally faro technologies coherent