Communications as a Service (CaaS) Industry News

TMCNet:  Top 5 Companies in the Alternative Carriers Industry With the Highest Current Ratio (CCOI, SAAS, TWER, IRDM, PGI)

[February 01, 2013]

Top 5 Companies in the Alternative Carriers Industry With the Highest Current Ratio (CCOI, SAAS, TWER, IRDM, PGI)

Feb 01, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Alternative Carriers 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.Cogent Communications ranks highest with a a current ratio of 6.4. Following is inContact with a a current ratio of 4.2. Towerstream ranks third highest with a a current ratio of 3.5.

Iridiummmunications follows with a a current ratio of 2.9, and Premiere Global Services rounds out the top five with a a current ratio of 1.6.

SmarTrend recommended that subscribers consider buying shares of Cogent Communications on December 11th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $22.26. Since that recommendation, shares of Cogent Communications have risen 11.3%. We continue to monitor Cogent Communications for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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