Published on 9 Feb 2024 on Simply Wall St. via Yahoo Finance
It is doubtless a positive to see that the Equillium, Inc. (NASDAQ:EQ) share price has gained some 207% in the last three months. But that doesn't change the fact that the returns over the last three years have been stomach churning. Indeed, the share price is down a whopping 85% in the last three years. Arguably, the recent bounce is to be expected after such a bad drop. Only time will tell if the company can sustain the turnaround. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson.
The recent uptick of 85% could be a positive sign of things to come, so let's take a look at historical fundamentals.
See our latest analysis for Equillium