Published on 9 Mar 2023 on Simply Wall St. via Yahoo Finance
Neovasc's (TSE:NVCN) investors will be pleased with their solid 171% return over the last year
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. On the other hand, if you find a high quality business to buy (at the right price) you can more than double your money! For example, the Neovasc Inc. (TSE:NVCN) share price has soared 171% in the last 1 year. Most would be very happy with that, especially in just one year! It's up an even more impressive 268% over the last quarter. In contrast, the longer term returns are negative, since the share price is 44% lower than it was three years ago.
So let's assess the underlying fundamentals over the last 1 year and see if they've moved in lock-step with shareholder returns.