Richelieu Hardware Ltd.’s (TSE:RCH) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Most readers would already be aware that Richelieu Hardware’s (TSE:RCH) stock increased significantly by 28% over the past three months. We wonder if and what role the company’s financials play in that price change as a company’s long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Richelieu Hardware’s ROE today.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is …

Click here to view the original article.