Yahoo Finance If You Had Bought Nanalysis Scientific (CVE:NSCI) Stock A Year Ago, You Could Pocket A 90% Gain Today
The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by picking above-average stocks. For example, the Nanalysis Scientific Corp. (CVE:NSCI) share price is up 90% in the last year, clearly besting the market return of around 34% (not including dividends). That's a solid performance by our standards! We'll need to follow Nanalysis Scientific for a while to get a better sense of its share price trend, since it hasn't been listed for particularly long.
See our latest analysis for Nanalysis Scientific
Given that Nanalysis Scientific didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.
In the last year Nanalysis Scientific saw its revenue grow by 23%. That's a fairly respectable growth rate. While the share price performed well, gaining 90% over twelve months, you could argue the revenue growth warranted it. If the company can maintain the revenue growth, the share price could go higher still. But it's crucial to check profitability and cash flow before forming a view on the future.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
If you are thinking of buying or selling Nanalysis Scientific stock, you should check out this FREE detailed report on its balance sheet.
A Different Perspective
Nanalysis Scientific shareholders should be happy with the total gain of 90% over the last twelve months. A substantial portion of that gain has come in the last three months, with the stock up 111% in that time. Demand for the stock from multiple parties is pushing the price higher; it could be that word is getting out about its virtues as a business. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 3 warning signs for Nanalysis Scientific you should be aware of, and 1 of them makes us a bit uncomfortable.
We will like Nanalysis Scientific better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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