It is a pleasure to report that the AutoWeb, Inc. (NASDAQ:AUTO) is up 224% in the last quarter. But will that repair the damage for the weary investors who have owned this stock as it declined over half a decade? Probably not. Indeed, the share price is down a whopping 80% in that time. While the recent increase might be a green shoot, we’re certainly hesitant to rejoice. The real question is whether the business can leave its past behind and improve itself over the years ahead.
We really feel for shareholders in this scenario. It’s a good reminder of the importance of diversification, and it’s worth keeping in mind there’s more to life than money, anyway.
See our latest analysis for AutoWeb
Because AutoWeb 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.