Published on 6 Sep 2023 on Simply Wall St. via Yahoo Finance
Black Knight, Inc.'s (NYSE:BKI) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Most readers would already be aware that Black Knight's (NYSE:BKI) stock increased significantly by 35% over the past three months. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. Particularly, we will be paying attention to Black Knight's 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 simpler terms, it measures the profitability of a company in relation to shareholder's equity.
Check out our latest analysis for Black Knight