Top 5 Companies in the Electrical Components & Equipment Industry With the Highest Current Ratio (WIRE, EFOI, VICR, PLUG, PLPC)
Below are the three companies in the Electrical Components & Equipment 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.
Encore Wire ranks highest with a a current ratio of 6.2. Energy Focus is next with a a current ratio of 6.1. Vicor ranks third highest with a a current ratio of 5.6.
Plug Power follows with a a current ratio of 4.3, and Preformed Line Products rounds out the top five with a a current ratio of 3.5.
SmarTrend recommended that subscribers consider buying shares of Preformed Line Products on July 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $42.37. Since that recommendation, shares of Preformed Line Products have risen 15.3%. We continue to monitor Preformed Line Products for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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