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Has Lichen China Limited's (NASDAQ:LICN) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

By Yahoo! Finance   |   Jun 23, 2024 at 09:35 AM EST
Has Lichen China Limited's (NASDAQ:LICN) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Lichen China's stock rose by 31% in three months, prompting a study on its financial indicators, specifically its return on equity (ROE). With an ROE of 14%, the company seems efficient in generating profits.

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