SMP News: Smartpay Holdings Limited (NZSE:SPY) Is Up But Financials Look Inconsistent: Which Way Is The Stock - 2nd Jun 2022, 7:14am

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Smartpay Holdings' (NZSE:SPY) stock is up by 7.5% over the past three months. However, the company's financials look a bit inconsistent and market outcomes are ultimately driven by long-term fundamentals, meaning that the stock could head in either direction. Particularly, we will be paying attention to Smartpay Holdings' ROE today.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitabi...

>>> Read more: Smartpay Holdings Limited (NZSE:SPY) Is Up But Financials Look Inconsistent: Which Way Is The Stock Headed?
 
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