Relatively High Current Ratio Detected in Shares of Weis Markets in the Food Retail Industry (WMK, IMKTA, VLGEA, WFM, SVU)
Below are the three companies in the Food 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.
Weis Markets ranks highest with a a current ratio of 2.1. Following is Ingles Markets with a a current ratio of 1.8. Village Super Market ranks third highest with a a current ratio of 1.4.
Whole Foods Market follows with a a current ratio of 1.2, and SUPERVALU rounds out the top five with a a current ratio of 1.0.
SmarTrend recommended that subscribers consider buying shares of Weis Markets on February 24th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $40.95. Since that recommendation, shares of Weis Markets have risen 11.2%. We continue to monitor Weis Markets for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio weis markets ingles markets village super market Whole Foods Market SuperValu