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Most readers would already be aware that Codan's (ASX:CDA) stock increased significantly by 33% over the past three months. Since the market usually pay for a companyâs long-term fundamentals, we decided to study the companyâs key performance indicators to see if they could be influencing the market. In this article, we decided to focus on Codan's ROE.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In other word...
>>> Read more: Are Robust Financials Driving The Recent Rally In Codan Limited's (ASX:CDA) Stock?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In other word...
>>> Read more: Are Robust Financials Driving The Recent Rally In Codan Limited's (ASX:CDA) Stock?
