Published on 3 Apr 2024 on Simply Wall St. via Yahoo Finance
Is Standex International Corporation's (NYSE:SXI) Stock's Recent Performance Being Led By Its...
Most readers would already be aware that Standex International's (NYSE:SXI) stock increased significantly by 18% 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 Standex International'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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
See our latest analysis for Standex International