Published on 11 Oct 2022 on Simply Wall St. via Yahoo Finance
As every investor would know, you don't hit a homerun every time you swing. But it should be a priority to avoid stomach churning catastrophes, wherever possible. So spare a thought for the long term shareholders of Heska Corporation (NASDAQ:HSKA); the share price is down a whopping 72% in the last twelve months. That'd be a striking reminder about the importance of diversification. However, the longer term returns haven't been so bad, with the stock down 1.1% in the last three years. More recently, the share price has dropped a further 21% in a month. But this could be related to poor market conditions -- stocks are down 11% in the same time.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
Check out our latest analysis for Heska