Published on 2 Apr 2023 on Simply Wall St. via Yahoo Finance
Is CorVel Corporation's (NASDAQ:CRVL) Recent Stock Performance Tethered To Its Strong Fundamentals?
CorVel's (NASDAQ:CRVL) stock is up by a considerable 31% over the past three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Specifically, we decided to study CorVel'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.
View our latest analysis for CorVel