Published on 18 Jun 2024 on Simply Wall St. · via Yahoo Finance
Is Camtek Ltd.'s (NASDAQ:CAMT) Recent Stock Performance Tethered To Its Strong...
Camtek's (NASDAQ:CAMT) stock is up by a considerable 55% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Camtek's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.