Relatively Low Current Ratio Detected in Shares of Express Scripts in the Health Care Services Industry (ESRX, HWAY, CCM, CHE, AMED)
Below are the three companies in the Health Care Services industry with the lowest 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.
Express Scripts ranks lowest with a a current ratio of 0.6. Healthways is next with a a current ratio of 0.9. Concord Medical Services Holdings ranks third lowest with a a current ratio of 1.0.
Chemed follows with a a current ratio of 1.1, and Amedisys rounds out the bottom five with a a current ratio of 1.3.
SmarTrend recommended that subscribers consider buying shares of Amedisys on February 16th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $36.58. Since that recommendation, shares of Amedisys have risen 28.8%. We continue to monitor Amedisys for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest current ratio Express Scripts healthways concord medical services holdings chemed Amedisys