Published on 28 Feb 2022 on Simply Wall St. via Yahoo Finance
Do Its Financials Have Any Role To Play In Driving Ampco-Pittsburgh Corporation's (NYSE:AP) Stock Up...
Ampco-Pittsburgh (NYSE:AP) has had a great run on the share market with its stock up by a significant 28% over the last three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Ampco-Pittsburgh's ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Put another way, it reveals the company's success at turning shareholder investments into profits.
View our latest analysis for Ampco-Pittsburgh