Published on 15 Nov 2023 on Simply Wall St. via Yahoo Finance
Is TimkenSteel Corporation's (NYSE:TMST) Recent Stock Performance Influenced By Its Financials In...
TimkenSteel's (NYSE:TMST) stock is up by 4.3% over the past month. As most would know, long-term fundamentals have a strong correlation with market price movements, 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. Specifically, we decided to study TimkenSteel's ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
View our latest analysis for TimkenSteel