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Relatively Low Return on Equity Detected in Shares of Gopro Inc-Cl A in the Consumer Electronics Industry (GPRO, UEIC, HAR, GRMN, ZAGG)

By Shiri Gupta

Below are the three companies in the Consumer Electronics 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.

Gopro Inc-Cl A ranks lowest with a ROE of -5,092.4%. Universal Elec is next with a ROE of -408.6%. Harman Intl ranks third lowest with a ROE of 1,450.8%.

Garmin Ltd follows with a ROE of 1,527.7%, and Zagg Inc rounds out the bottom five with a ROE of 2,281.7%.

SmarTrend recommended that subscribers consider buying shares of Garmin Ltd on January 8th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $64.49. Since that recommendation, shares of Garmin Ltd have risen 29.1%. We continue to monitor Garmin Ltd for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity gopro inc-cl a universal elec :har harman intl garmin ltd zagg inc