Those Who Purchased NGS Group (STO:NGS) Shares Three Years Ago Have A 60% Loss To Show For It
The truth is that if you invest for long enough, you’re going to end up with some losing stocks. Long term NGS Group AB (publ) (STO:NGS) shareholders know that all too well, since the share price is down considerably over three years. Unfortunately, they have held through a 60% decline in the share price in that time. Furthermore, it’s down 13% in about a quarter. That’s not much fun for holders.
See our latest analysis for NGS Group
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
NGS Group saw its EPS decl ...