Advertisement
Canada markets close in 2 hours 46 minutes
  • S&P/TSX

    21,837.69
    -174.03 (-0.79%)
     
  • S&P 500

    5,060.16
    -10.39 (-0.20%)
     
  • DOW

    38,397.77
    -105.92 (-0.28%)
     
  • CAD/USD

    0.7291
    -0.0029 (-0.39%)
     
  • CRUDE OIL

    82.58
    -0.78 (-0.94%)
     
  • Bitcoin CAD

    88,898.51
    -2,583.03 (-2.82%)
     
  • CMC Crypto 200

    1,398.15
    -25.95 (-1.82%)
     
  • GOLD FUTURES

    2,339.20
    -2.90 (-0.12%)
     
  • RUSSELL 2000

    1,987.84
    -14.81 (-0.74%)
     
  • 10-Yr Bond

    4.6500
    +0.0520 (+1.13%)
     
  • NASDAQ

    15,684.56
    -12.08 (-0.08%)
     
  • VOLATILITY

    16.15
    +0.46 (+2.93%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • CAD/EUR

    0.6816
    -0.0020 (-0.29%)
     

Can You Imagine How BlueRush's (CVE:BTV) Shareholders Feel About The 67% Share Price Increase?

BlueRush Inc. (CVE:BTV) shareholders might be concerned after seeing the share price drop 12% in the last quarter. On the bright side the returns have been quite good over the last half decade. After all, the share price is up a market-beating 67% in that time. Unfortunately not all shareholders will have held it for the long term, so spare a thought for those caught in the 21% decline over the last twelve months.

See our latest analysis for BlueRush

BlueRush isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

ADVERTISEMENT

Over the last half decade BlueRush's revenue has actually been trending down at about 6.8% per year. Despite the lack of revenue growth, the stock has returned a respectable 11%, compound, over that time. It's probably worth checking other factors such as the profitability, to try to understand the share price action. It may not be reflecting the revenue.

You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).

TSXV:BTV Income Statement, October 24th 2019
TSXV:BTV Income Statement, October 24th 2019

If you are thinking of buying or selling BlueRush stock, you should check out this FREE detailed report on its balance sheet.

A Different Perspective

Investors in BlueRush had a tough year, with a total loss of 21%, against a market gain of about 8.5%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 11% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. If you would like to research BlueRush in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Simply Wall St has no position in the stocks mentioned. Thank you for reading.