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Most readers would already know that Mercury NZ's (NZSE:MCY) stock increased by 2.8% 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. In this article, we decided to focus on Mercury NZ's ROE.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their ca...
>>> Read more: Is Mercury NZ Limited's (NZSE:MCY) Recent Stock Performance Influenced By Its Financials In Any Way?
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their ca...
>>> Read more: Is Mercury NZ Limited's (NZSE:MCY) Recent Stock Performance Influenced By Its Financials In Any Way?
