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TMCNet:  Augme Technologies is Among the Companies in the Application Software Industry With the Lowest Current Ratio (AUGT, TYL, PROJ, CRM, BLKB)

[July 06, 2012]

Augme Technologies is Among the Companies in the Application Software Industry With the Lowest Current Ratio (AUGT, TYL, PROJ, CRM, BLKB)

Jul 06, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Application Software 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.Augme Technologies ranks lowest with a a current ratio of 0.5. Tyler Technologies is next with a a current ratio of 0.6. Deltek ranks third lowest with a a current ratio of 0.7.


salesforce.com follows with a a current ratio of 0.7, and Blackbaud rounds out the bottom five with a a current ratio of 0.8.

SmarTrend recommended that its subscribers protect gains by selling shares of Blackbaud on February 23rd, 2012 by issuing a Downtrend alert when the shares were trading at $27.80. Since that call, shares of Blackbaud have fallen 7.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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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