MEZ News: Meridian Energy Limited's (NZSE:MEL) Stock is Soaring But Financials Seem Inconsistent: Will The Upt - 24th Sep 2022, 7:27am

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Most readers would already be aware that Meridian Energy's (NZSE:MEL) stock increased significantly by 13% over the past three months. But the company's key financial indicators appear to be differing across the board and that makes us question whether or not the company's current share price momentum can be maintained. Particularly, we will be paying attention to Meridian Energy's ROE today.

ROE or return on equity is a useful tool to assess how effectively a company can generate returns on t...

>>> Read more: Meridian Energy Limited's (NZSE:MEL) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
 
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