Grafton Group plc’s (LON:GFTU) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Grafton Group (LON:GFTU) has had a great run on the share market with its stock up by a significant 19% over the last 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 Grafton Group’s ROE today.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment…
