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- SASE:2220
National Metal Manufacturing and Casting (TADAWUL:2220) Shareholders Have Enjoyed An Impressive 150% Share Price Gain
Unfortunately, investing is risky - companies can and do go bankrupt. But when you pick a company that is really flourishing, you can make more than 100%. Take, for example National Metal Manufacturing and Casting Co. (TADAWUL:2220). Its share price is already up an impressive 150% in the last twelve months. In more good news, the share price has risen 2.3% in thirty days. And shareholders have also done well over the long term, with an increase of 100% in the last three years.
Check out our latest analysis for National Metal Manufacturing and Casting
Because National Metal Manufacturing and Casting 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. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
In the last year National Metal Manufacturing and Casting saw its revenue shrink by 28%. We're a little surprised to see the share price pop 150% in the last year. It just goes to show the market doesn't always pay attention to the reported numbers. It's quite likely the revenue fall was already priced in, anyway.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
If you are thinking of buying or selling National Metal Manufacturing and Casting stock, you should check out this FREE detailed report on its balance sheet.
A Different Perspective
We're pleased to report that National Metal Manufacturing and Casting shareholders have received a total shareholder return of 150% over one year. That's better than the annualised return of 10% over half a decade, implying that the company is doing better recently. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with National Metal Manufacturing and Casting , and understanding them should be part of your investment process.
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on SA exchanges.
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Access Free AnalysisThis 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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About SASE:2220
National Metal Manufacturing and Casting
National Metal Manufacturing and Casting Co.
Adequate balance sheet minimal.