Published on 6 Aug 2023 on Simply Wall St. via Yahoo Finance
The past year for Molekule Group (NASDAQ:MKUL) investors has not been profitable
It is a pleasure to report that the Molekule Group, Inc. (NASDAQ:MKUL) is up 37% in the last quarter. But that doesn't change the fact that the returns over the last year have been disappointing. Like a receding glacier in a warming world, the share price has melted 52% in that period. It's not that amazing to see a bounce after a drop like that. It may be that the fall was an overreaction.
So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.
Check out our latest analysis for Molekule Group