• Return to Headlines

Shares of Fitbit Inc - A Rank the Lowest in Terms of Return on Equity in the Electronic Equipment & Instruments Industry (FIT, PAY, ITRI, OSIS, MLAB)

By David Diaz

Below are the three companies in the Electronic Equipment & Instruments 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.

Fitbit Inc - A ranks lowest with a ROE of -3,449.3%. Following is Verifone Systems with a ROE of -1,864.7%. Itron Inc ranks third lowest with a ROE of -1,522.1%.

Osi Systems Inc follows with a ROE of -630.7%, and Mesa Labs rounds out the bottom five with a ROE of -379.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Mesa Labs on July 25th, 2018 by issuing a Downtrend alert when the shares were trading at $202.88. Since that call, shares of Mesa Labs have fallen 6.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity fitbit inc - a verifone systems itron inc osi systems inc mesa labs