Published on 24 Apr 2024 on Simply Wall St. via Yahoo Finance
Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high. Zooming in on an example, the BGSF, Inc. (NYSE:BGSF) share price dropped 61% in the last half decade. That is extremely sub-optimal, to say the least. More recently, the share price has dropped a further 12% in a month. However, we note the price may have been impacted by the broader market, which is down 5.3% in the same time period.
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.