Published on 23 Mar 2023 on Simply Wall St. via Yahoo Finance

Is ADDvantage Technologies Group, Inc.'s (NASDAQ:AEY) Recent Price Movement Underpinned By Its Weak...

It is hard to get excited after looking at ADDvantage Technologies Group's (NASDAQ:AEY) recent performance, when its stock has declined 22% over the past month. It seems that the market might have completely ignored the positive aspects of the company's fundamentals and decided to weigh-in more on the negative aspects. Long-term fundamentals are usually what drive market outcomes, so it's worth paying close attention. Particularly, we will be paying attention to ADDvantage Technologies Group'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 being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.

See our latest analysis for ADDvantage Technologies Group