Published on 15 Dec 2022 on Simply Wall St. via Yahoo Finance
Investors in MICT (NASDAQ:MICT) have made a return of 21% over the past three years
Investors can buy low cost index fund if they want to receive the average market return. But in any diversified portfolio of stocks, you'll see some that fall short of the average. Unfortunately for shareholders, while the MICT, Inc. (NASDAQ:MICT) share price is up 21% in the last three years, that falls short of the market return. Looking at more recent returns, the stock is up 14% in a year.
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
Check out our latest analysis for MICT