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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 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%. Following is Telenav Inc 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 recommended that subscribers consider buying shares of Glu Mobile Inc on October 31st, 2018 as our technology indicated a new Uptrend was in progress when shares hit $6.96. Since that recommendation, shares of Glu Mobile Inc have risen 41.2%. 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 model n inc snap inc glu mobile inc

Ticker(s): ADSK TNAV MODN SNAP GLUU