Simpson Manufacturing is Among the Companies in the Building Products Industry With the Highest Current Ratio (SSD, UFPI, PGTI, GFF, BLDR)
Below are the three companies in the Building Products 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.
Simpson Manufacturing ranks highest with a a current ratio of 5.2. Universal Forest Products is next with a a current ratio of 3.9. PGT ranks third highest with a a current ratio of 3.6.
Griffon follows with a a current ratio of 3.3, and Builders FirstSource rounds out the top five with a a current ratio of 3.2.
SmarTrend recommended that subscribers consider buying shares of Builders FirstSource on August 28th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $4.29. Since that recommendation, shares of Builders FirstSource have risen 41.2%. We continue to monitor Builders FirstSource for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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