Is MTN Group Limited’s (JSE:MTN) Stock Price Struggling As A Result Of Its Mixed Financials?
MTN Group (JSE:MTN) has had a rough month with its share price down 7.9%. We, however decided to study the company’s financials to determine if they have got anything to do with the price decline. Long-term fundamentals are usually what drive market outcomes, so it’s worth paying close attention. In this article, we decided to focus on MTN Group’s ROE.
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. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company’s shareholders.
AI is about to change healthcare. These 20 stocks are working on everything from early…
