WEB News: Webjet Limited (ASX:WEB) Is Up But Financials Look Inconsistent: Which Way Is The Stock Headed? - 12th Jun 2023, 9:37am

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Webjet's (ASX:WEB) stock up by 4.3% over the past three months. Given that the stock prices usually follow long-term business performance, we wonder if the company's mixed financials could have any adverse effect on its current price price movement Specifically, we decided to study Webjet's ROE in this article.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the...

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