MEZ News: Meridian Energy Limited (NZSE:MEL) Stock's Been Sliding But Fundamentals Look Decent: Will The Marke - 16th Mar 2023, 6:47am

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With its stock down 4.9% over the past month, it is easy to disregard Meridian Energy (NZSE:MEL). But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. In this article, we decided to focus on Meridian Energy's ROE.

Return on equity or ROE is a key measure used to assess how efficiently a company's managemen...

>>> Read more: Meridian Energy Limited (NZSE:MEL) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
 
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