Published on 27 Feb 2024 on Simply Wall St. via Yahoo Finance
Is CorVel Corporation's (NASDAQ:CRVL) Latest Stock Performance A Reflection Of Its Financial Health?
Most readers would already be aware that CorVel's (NASDAQ:CRVL) stock increased significantly by 20% over the past three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. Specifically, we decided to study CorVel's ROE in this article.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
See our latest analysis for CorVel