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Shares of Autodesk Inc Rank the Lowest in Terms of Return on Equity in the Application Software Industry (ADSK, TNAV, MODN, GLUU, DMRC)

By David Diaz

Below are the three companies in the Application Software 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.

Autodesk Inc ranks lowest with a ROE of -9,706.3%. Following is Telenav Inc with a ROE of -8,483.9%. Model N Inc ranks third lowest with a ROE of -6,065.4%.

Glu Mobile Inc follows with a ROE of -4,357.7%, and Digimarc Corp rounds out the bottom five with a ROE of -3,834.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Autodesk Inc on February 24th, 2020 by issuing a Downtrend alert when the shares were trading at $194.86. Since that call, shares of Autodesk Inc have fallen 18.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity autodesk inc telenav inc model n inc glu mobile inc digimarc corp

Ticker(s): ADSK TNAV MODN GLUU DMRC