Published on 30 Nov 2023 on Simply Wall St. via Yahoo Finance
We're definitely into long term investing, but some companies are simply bad investments over any time frame. It hits us in the gut when we see fellow investors suffer a loss. For example, we sympathize with anyone who was caught holding SCYNEXIS, Inc. (NASDAQ:SCYX) during the five years that saw its share price drop a whopping 77%. And it's not just long term holders hurting, because the stock is down 34% in the last year. Furthermore, it's down 56% in about a quarter. That's not much fun for holders. This could be related to the recent financial results - you can catch up on the most recent data by reading our company report.
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.
Check out our latest analysis for SCYNEXIS