Published on 13 Aug 2022 on Simply Wall St. via Yahoo Finance
Investors in Conformis (NASDAQ:CFMS) from five years ago are still down 89%, even after 32% gain...
Conformis, Inc. (NASDAQ:CFMS) shareholders are doubtless heartened to see the share price bounce 32% in just one week. But will that repair the damage for the weary investors who have owned this stock as it declined over half a decade? Probably not. Five years have seen the share price descend precipitously, down a full 89%. So we don't gain too much confidence from the recent recovery. The fundamental business performance will ultimately determine if the turnaround can be sustained. While a drop like that is definitely a body blow, money isn't as important as health and happiness.
The recent uptick of 32% could be a positive sign of things to come, so let's take a lot at historical fundamentals.
See our latest analysis for Conformis