Published on 22 Nov 2023 on Simply Wall St. via Yahoo Finance
Barratt Developments plc's (LON:BDEV) On An Uptrend But Financial Prospects Look Pretty Weak: Is The...
Barratt Developments' (LON:BDEV) stock is up by a considerable 26% over the past month. However, we decided to pay close attention to its weak financials as we are doubtful that the current momentum will keep up, given the scenario. Particularly, we will be paying attention to Barratt Developments' 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 short, ROE shows the profit each dollar generates with respect to its shareholder investments.
Check out our latest analysis for Barratt Developments