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Medibank Private's (ASX:MPL) stock up by 4.2% over the past month. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to investigate if the company's decent financials had a hand to play in the recent price move. Particularly, we will be paying attention to Medibank Private's ROE today.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders...
>>> Read more: Medibank Private Limited (ASX:MPL) On An Uptrend: Could Fundamentals Be Driving The Stock?
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders...
>>> Read more: Medibank Private Limited (ASX:MPL) On An Uptrend: Could Fundamentals Be Driving The Stock?
