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Relatively Low Return on Equity Detected in Shares of Autodesk Inc in the Application Software Industry (ADSK, TNAV, MODN, SNAP, GLUU)

By Nick Russo

Below are the three companies in the Application Software industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Autodesk Inc ranks lowest with a ROE of -9,706.3%. Telenav Inc is next with a ROE of -8,483.9%. Model N Inc ranks third lowest with a ROE of -6,065.4%.

Snap Inc follows with a ROE of -4,969.9%, and Glu Mobile Inc rounds out the bottom five with a ROE of -4,357.7%.

SmarTrend is monitoring the recent change of momentum in Autodesk Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Autodesk Inc in search of a potential trend change.

Keywords: lowest return on equity autodesk inc telenav inc model n inc snap inc glu mobile inc

Ticker(s): ADSK TNAV MODN SNAP GLUU