Shares of Northwest Pipe Rank the Highest in Terms of Current Ratio in the Construction & Engineering Industry (NWPX, FRM, DY, GVA, FLR)
Below are the three companies in the Construction & Engineering industry with the highest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.
Northwest Pipe ranks highest with a a current ratio of 5.1. Following is Furmanite with a a current ratio of 4.3. Dycom Industries ranks third highest with a a current ratio of 3.2.
Granite Construction follows with a a current ratio of 2.0, and Fluor rounds out the top five with a a current ratio of 1.8.
SmarTrend recommended that its subscribers protect gains by selling shares of Granite Construction on April 29th, 2016 by issuing a Downtrend alert when the shares were trading at $43.34. Since that call, shares of Granite Construction have fallen 3.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
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