If You Had Bought Quisitive Technology Solutions (CVE:QUIS) Shares A Year Ago You'd Have Earned 271% Returns

Unless you borrow money to invest, the potential losses are limited. On the other hand, if you find a high quality business to buy (at the right price) you can more than double your money! For example, the Quisitive Technology Solutions, Inc. (CVE:QUIS) share price has soared 271% in the last year. Most would be very happy with that, especially in just one year! Also pleasing for shareholders was the 49% gain in the last three months. Quisitive Technology Solutions hasn't been listed for long, so it's still not clear if it is a long term winner.

Check out our latest analysis for Quisitive Technology Solutions

Because Quisitive Technology Solutions 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. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.

Over the last twelve months, Quisitive Technology Solutions' revenue grew by 132%. That's stonking growth even when compared to other loss-making stocks. And the share price has responded, gaining 271% as we previously mentioned. That sort of revenue growth is bound to attract attention, even if the company doesn't turn a profit. The strong share price rise indicates optimism, so there may be a better opportunity for buyers as the hype fades a bit.

The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).

We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. So it makes a lot of sense to check out what analysts think Quisitive Technology Solutions will earn in the future (free profit forecasts).

A Different Perspective

It's nice to see that Quisitive Technology Solutions shareholders have gained 271% over the last year. The more recent returns haven't been as impressive as the longer term returns, coming in at just 49%. It seems likely the market is waiting on fundamental developments with the business before pushing the share price higher (or lower). It's always interesting to track share price performance over the longer term. But to understand Quisitive Technology Solutions better, we need to consider many other factors. Take risks, for example - Quisitive Technology Solutions has 2 warning signs (and 1 which is a bit concerning) we think you should know about.

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are 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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