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Santos' (ASX:STO) stock up by 8.7% over the past three months. As most would know, long-term fundamentals have a strong correlation with market price movements, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. Specifically, we decided to study Santos' ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Simply put,...
>>> Read more: Has Santos Limited (ASX:STO) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Simply put,...
>>> Read more: Has Santos Limited (ASX:STO) Stock's Recent Performance Got Anything to Do With Its Financial Health?
