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Most readers would already be aware that Meridian Energy's (NZSE:MEL) stock increased significantly by 18% over the past three months. We, however wanted to have a closer look at its key financial indicators as the markets usually pay for long-term fundamentals, and in this case, they don't look very promising. Particularly, we will be paying attention to Meridian Energy's ROE today.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the...
>>> Read more: Does Meridian Energy Limited's (NZSE:MEL) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the...
>>> Read more: Does Meridian Energy Limited's (NZSE:MEL) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
