Published on 17 Jan 2024 on Simply Wall St. via Yahoo Finance
Avient Corporation's (NYSE:AVNT) Stock's Been Going Strong: Could Weak Financials Mean The Market...
Avient's (NYSE:AVNT) stock is up by a considerable 14% over the past three months. 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. In this article, we decided to focus on Avient's ROE.
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 other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
View our latest analysis for Avient