Published on 19 Nov 2023 on Simply Wall St. via Yahoo Finance
Shareholders have faith in loss-making Ascential (LON:ASCL) as stock climbs 3.8% in past week,...
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). For example, the Ascential plc (LON:ASCL) share price is up 31% in the last 1 year, clearly besting the market decline of around 2.7% (not including dividends). That's a solid performance by our standards! On the other hand, longer term shareholders have had a tougher run, with the stock falling 21% in three years.
After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals.
View our latest analysis for Ascential