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PharmX Technologies Limited's (ASX:PHX) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

By Yahoo! Finance   |   Jun 13, 2024 at 08:15 PM EST
PharmX Technologies Limited's (ASX:PHX) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

PharmX Technologies' stock has surged by 17% recently. Their Return on Equity (ROE) of 1.6% is low compared to the industry average of 11%, but the company has shown strong net income growth of 43% in the last five years.

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