Yahoo Finance Those Who Purchased Mobi724 Global Solutions (CVE:MOS) Shares Three Years Ago Have A 40% Loss To Show For It
Mobi724 Global Solutions Inc. (CVE:MOS) shareholders will doubtless be very grateful to see the share price up 33% in the last quarter. But that cannot eclipse the less-than-impressive returns over the last three years. After all, the share price is down 40% in the last three years, significantly under-performing the market.
See our latest analysis for Mobi724 Global Solutions
Given that Mobi724 Global Solutions 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. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
In the last three years, Mobi724 Global Solutions saw its revenue grow by 18% per year, compound. That's a fairly respectable growth rate. Shareholders have seen the share price fall at 16% per year, for three years. This implies the market had higher expectations of Mobi724 Global Solutions. With revenue growing at a solid clip, now might be the time to focus on the possibility that it will have a brighter future.
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. Dive deeper into the earnings by checking this interactive graph of Mobi724 Global Solutions's earnings, revenue and cash flow.
A Different Perspective
The last twelve months weren't great for Mobi724 Global Solutions shares, which performed worse than the market, costing holders 40%. The market shed around 1.7%, no doubt weighing on the stock price. The three-year loss of 16% per year isn't as bad as the last twelve months, suggesting that the company has not been able to convince the market it has solved its problems. Although Warren Buffett famously said he likes to 'buy when there is blood on the streets', he also focusses on high quality stocks with solid prospects. It is all well and good that insiders have been buying shares, but we suggest you check here to see what price insiders were buying at.
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.
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