ANN News: Has Ansell Limited (ASX:ANN) Stock's Recent Performance Got Anything to Do With Its Financial Health - 17th Jan 2024, 1:02pm

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Ansell's (ASX:ANN) stock up by 8.3% over the past three months. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to investigate if the company's decent financials had a hand to play in the recent price move. Particularly, we will be paying attention to Ansell's ROE today.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In other ...

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