If You Had Bought Kraken Robotics (CVE:PNG) Stock Three Years Ago, You Could Pocket A 209% Gain Today – Simply Wall St

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But in contrast you can make much more than 100% if the company does well. To wit, the Kraken Robotics Inc. (CVE:PNG) share price has flown 209% in the last three years. That sort of return is as solid as granite. On top of that, the share price is up 20% in about a quarter.

View our latest analysis for Kraken Robotics

Given that Kraken Robotics didnt make a profit in the last twelve months, well focus on revenue growth to form a quick view of its business development. When a company doesnt make profits, wed generally expect to see good revenue growth. Thats because its hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

In the last 3 years Kraken Robotics saw its revenue grow at 71% per year. Thats well above most pre-profit companies. Meanwhile, the share price performance has been pretty solid at 46% compound over three years. But it does seem like the market is paying attention to strong revenue growth. Nonetheless, wed say Kraken Robotics is still worth investigating successful businesses can often keep growing for long periods.

You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).

If you are thinking of buying or selling Kraken Robotics stock, you should check out this FREE detailed report on its balance sheet.

While the broader market lost about 4.0% in the twelve months, Kraken Robotics shareholders did even worse, losing 11%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case theres a good opportunity. On the bright side, long term shareholders have made money, with a gain of 22% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. Its always interesting to track share price performance over the longer term. But to understand Kraken Robotics better, we need to consider many other factors. Even so, be aware that Kraken Robotics is showing 5 warning signs in our investment analysis , you should know about

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

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If You Had Bought Kraken Robotics (CVE:PNG) Stock Three Years Ago, You Could Pocket A 209% Gain Today - Simply Wall St

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