Published on 8 Nov 2022 on Simply Wall St. via Yahoo Finance
Investors in Avalon GloboCare (NASDAQ:AVCO) from five years ago are still down 72%, even after 32%...
Avalon GloboCare Corp. (NASDAQ:AVCO) shareholders will doubtless be very grateful to see the share price up 32% in the last 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. In fact, the share price has tumbled down a mountain to land 72% lower after that period. It's true that the recent bounce could signal the company is turning over a new leaf, but we are not so sure. The fundamental business performance will ultimately determine if the turnaround can be sustained.
The recent uptick of 32% could be a positive sign of things to come, so let's take a look at historical fundamentals.
View our latest analysis for Avalon GloboCare