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Is Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Latest Stock Performance Being Led By Its Strong Fundamentals?

By Yahoo! Finance   |   Aug 31, 2024 at 08:23 AM EST
Is Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Latest Stock Performance Being Led By Its Strong Fundamentals?

Magic Software Enterprises' stock has risen by 2.1% in the past three months, prompting an analysis of its Return on Equity (ROE). ROE of 14% suggests good profitability and growth potential.

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