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Ridley's (ASX:RIC) stock is up by 9.7% over the past three months. 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. Specifically, we decided to study Ridley's ROE in this article.
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. In short,...
>>> Read more: Ridley Corporation Limited's (ASX:RIC) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
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. In short,...
>>> Read more: Ridley Corporation Limited's (ASX:RIC) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?