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Contact Energy's (NZSE:CEN) stock is up by 8.8% over the past three months. As most would know, long-term fundamentals have a strong correlation with market price movements, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. In this article, we decided to focus on Contact Energy's ROE.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company...
>>> Read more: Contact Energy Limited's (NZSE:CEN) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company...
>>> Read more: Contact Energy Limited's (NZSE:CEN) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?