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Mercury NZ (NZSE:MCY) has had a rough three months with its share price down 9.1%. We, however decided to study the company's financials to determine if they have got anything to do with the price decline. Long-term fundamentals are usually what drive market outcomes, so it's worth paying close attention. Particularly, we will be paying attention to Mercury NZ's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In...
>>> Read more: Is Mercury NZ Limited's (NZSE:MCY) Recent Price Movement Underpinned By Its Weak Fundamentals?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In...
>>> Read more: Is Mercury NZ Limited's (NZSE:MCY) Recent Price Movement Underpinned By Its Weak Fundamentals?
