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Lowest Current Ratio in the Tobacco Industry Detected in Shares of Altria Group Inc (MO, PM, VGR, UVV, XXII)

By James Quinn

Below are the three companies in the Tobacco industry with the lowest 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.

Altria Group Inc ranks lowest with a a current ratio of 0.6. Philip Morris In is next with a a current ratio of 1.4. Vector Group Ltd ranks third lowest with a a current ratio of 3.0.

Universal Corp follows with a a current ratio of 5.8, and 22nd Century Group Inc rounds out the bottom five with a a current ratio of 11.8.

SmarTrend recommended that its subscribers protect gains by selling shares of Altria Group Inc on January 30th, 2020 by issuing a Downtrend alert when the shares were trading at $47.74. Since that call, shares of Altria Group Inc have fallen 21.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio altria group inc philip morris in vector group ltd universal corp :xxii 22nd century group inc

Ticker(s): MO PM VGR UVV