Published on 8 Mar 2024 on Simply Wall St. via Yahoo Finance
Can Mixed Fundamentals Have A Negative Impact on Ultralife Corporation (NASDAQ:ULBI) Current Share...
Ultralife (NASDAQ:ULBI) has had a great run on the share market with its stock up by a significant 42% over the last month. However, we decided to pay attention to the company's fundamentals which don't appear to give a clear sign about the company's financial health. Specifically, we decided to study Ultralife'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 short, ROE shows the profit each dollar generates with respect to its shareholder investments.
Check out our latest analysis for Ultralife