Introducing Biovica International (STO:BIOVIC B), A Stock That Climbed 28% In The Last Year
Biovica International AB (publ) (STO:BIOVIC B) shareholders might be concerned after seeing the share price drop 11% in the last month. But looking back over the last year, the returns have actually been rather pleasing! After all, the share price is up a market-beating 28% in that time.
Check out our latest analysis for Biovica International
Biovica International recorded just kr9,717,000 in revenue over the last twelve months, which isn’t really enough for us to consider it to have a proven product. So it seems that the investors focused more on what could be, than paying attention to the current revenues (or lack thereof). It seems likely some shareholders believe that Biovica International has the funding to invent a new product before too long.
Companies that lack both meani ...
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