Published on 3 Feb 2024 on Simply Wall St. via Yahoo Finance
Shareholders in Cryoport (NASDAQ:CYRX) are in the red if they invested three years ago
It is doubtless a positive to see that the Cryoport, Inc. (NASDAQ:CYRX) share price has gained some 50% in the last three months. But that doesn't change the fact that the returns over the last three years have been stomach churning. In that time the share price has melted like a snowball in the desert, down 79%. So we're relieved for long term holders to see a bit of uplift. Only time will tell if the company can sustain the turnaround.
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 Cryoport