Published on 20 Jan 2023 on Simply Wall St. via Yahoo Finance
Are Robust Financials Driving The Recent Rally In Patriot Transportation Holding, Inc.'s...
Patriot Transportation Holding's (NASDAQ:PATI) stock is up by a considerable 6.5% over the past month. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. Specifically, we decided to study Patriot Transportation Holding's ROE in this article.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
Check out our latest analysis for Patriot Transportation Holding