• Return to Headlines

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

By Amy Schwartz

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%. Enernoc Inc ranks third lowest with a ROE of -8,345.1%.

Model N Inc follows with a ROE of -6,065.4%, and Glu Mobile Inc rounds out the bottom five with a ROE of -4,357.7%.

SmarTrend recommended that subscribers consider buying shares of Glu Mobile Inc on August 8th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $6.42. Since that recommendation, shares of Glu Mobile Inc have risen 18.4%. We continue to monitor Glu Mobile Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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

Ticker(s): ADSK TNAV MODN GLUU