Published on 20 May 2024 on Simply Wall St. · via Yahoo Finance
OneSpaWorld Holdings Limited's (NASDAQ:OSW) Stock On An Uptrend: Could...
OneSpaWorld Holdings' (NASDAQ:OSW) stock is up by a considerable 16% over the past three months. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to study its financial indicators more closely to see if they had a hand to play in the recent price move. Specifically, we decided to study OneSpaWorld Holdings' 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. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.