CAR News: carsales.com Ltd (ASX:CAR) On An Uptrend: Could Fundamentals Be Driving The Stock? - 10th Apr 2023, 10:52am

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carsales.com's (ASX:CAR) stock up by 6.3% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on carsales.com's ROE.

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 simpler terms, it measures the profitability of a company in r...

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