Sports Techy RSS Feed
Sports Techy on Facebook
Sports Techy on Twitter

Sports Technology & Communications in the News

| More

TMCNet:  Lowest Current Ratio in the Leisure Facilities Industry Detected in Shares of Life Time Fitness (LTM, RICK, MTN, FUN, CLUB)

[January 07, 2013]

Lowest Current Ratio in the Leisure Facilities Industry Detected in Shares of Life Time Fitness (LTM, RICK, MTN, FUN, CLUB)

Jan 07, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Leisure Facilities 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.Life Time Fitness ranks lowest with a a current ratio of 0.6. Following is Rick's Cabaret International with a a current ratio of 0.6. Vail Resorts ranks third lowest with a a current ratio of 0.7.

Cedar Fair follows with a a current ratio of 1.0, and Town Sports International rounds out the bottom five with a a current ratio of 1.2.

SmarTrend recommended that subscribers consider buying shares of Life Time Fitness on November 2nd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $46.55. Since that recommendation, shares of Life Time Fitness have risen 8.4%. We continue to monitor Life Time Fitness 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

[ Sports Techy's Homepage ]