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If You Had Bought Mimecast (NASDAQ:MIME) Stock Three Years Ago, You Could Pocket A 143% Gain Today



  • Source: Simply Wall St - - Read: 0

    Summary:

     

    The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But if you buy shares in a really great company, you can more than double your money. To wit, the Mimecast Limited (NASDAQ:MIME) share price has flown 143% in the last three years. That sort of return is as solid as granite. We note the stock price is up 1.6% in the last seven days.

    View our latest analysis for Mimecast

    Mimecast isn’t currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growt ...

     

     

    Read Full News: https://simplywall.st/stocks/us/software/nasdaq-mime/mimecast/news/if-you-had-bought-mimecast-nasdaqmime-stock-three-years-ago-you-could-pocket-a-143-gain-today/


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