Published on 1 May 2024 on Simply Wall St. via Yahoo Finance
IMCD N.V. (AMS:IMCD) shareholders have seen the share price descend 13% over the month. But that doesn't change the fact that shareholders have received really good returns over the last five years. We think most investors would be happy with the 104% return, over that period. So while it's never fun to see a share price fall, it's important to look at a longer time horizon. Ultimately business performance will determine whether the stock price continues the positive long term trend.
Since the long term performance has been good but there's been a recent pullback of 7.8%, let's check if the fundamentals match the share price.