Patriot One Technologies' (TSE:PAT) Shareholders Are Down 51% On Their Shares

Even the best stock pickers will make plenty of bad investments. And there's no doubt that Patriot One Technologies Inc. (TSE:PAT) stock has had a really bad year. In that relatively short period, the share price has plunged 51%. We note that it has not been easy for shareholders over three years, either; the share price is down 47% in that time. Furthermore, it's down 34% in about a quarter. That's not much fun for holders.

See our latest analysis for Patriot One Technologies

Because Patriot One Technologies made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually expect strong revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.

The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).

We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. So we recommend checking out this free report showing consensus forecasts

A Different Perspective

The last twelve months weren't great for Patriot One Technologies shares, which performed worse than the market, costing holders 51%. The market shed around 2.4%, no doubt weighing on the stock price. Shareholders have lost 14% per year over the last three years, so the share price drop has become steeper, over the last year; a potential symptom of as yet unsolved challenges. We would be wary of buying into a company with unsolved problems, although some investors will buy into struggling stocks if they believe the price is sufficiently attractive. It's always interesting to track share price performance over the longer term. But to understand Patriot One Technologies better, we need to consider many other factors. Even so, be aware that Patriot One Technologies is showing 5 warning signs in our investment analysis , and 1 of those is a bit unpleasant...

Patriot One Technologies is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

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.
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