Published on 24 Mar 2024 on Simply Wall St. via Yahoo Finance
Is Clariant AG's (VTX:CLN) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Clariant's (VTX:CLN) stock is up by a considerable 9.4% over the past month. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. In this article, we decided to focus on Clariant'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.
See our latest analysis for Clariant