Published on 16 Jun 2022 on Simply Wall St. via Yahoo Finance
Loss-making Convey Health Solutions Holdings (NYSE:CNVY) sheds a further US$42m, taking total...
The nature of investing is that you win some, and you lose some. Anyone who held Convey Health Solutions Holdings, Inc. (NYSE:CNVY) over the last year knows what a loser feels like. The share price is down a hefty 67% in that time. We wouldn't rush to judgement on Convey Health Solutions Holdings because we don't have a long term history to look at. The falls have accelerated recently, with the share price down 23% in the last three months. However, one could argue that the price has been influenced by the general market, which is down 15% in the same timeframe.
Since Convey Health Solutions Holdings has shed US$42m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
View our latest analysis for Convey Health Solutions Holdings