Charge Enterprises Inc (fka CRGEQ)

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$CRGE Investors ignore increasing losses at Charge Enterprises (NASDAQ:CRGE) as stock jumps 17% this past week

It hasn't been the best quarter for Charge Enterprises, Inc. (NASDAQ:CRGE) shareholders, since the share price has fallen 29% in that time. But that doesn't change the fact that the returns over the last half decade have been spectacular. To be precise, the stock price is 807% higher than it was five years ago, a wonderful performance by any measure. So it might be that some shareholders are taking profits after good performance. The most important thing for savvy investors to consider is whether the underlying business can justify the share price gain. Unfortunately not all shareholders will have held it for the long term, so spare a thought for those caught in the 60% decline over the last twelve months. We love happy stories like this one. The company should be really proud of that performance!

On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.

Given that Charge Enterprises didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. If you are thinking of buying or selling Charge Enterprises stock, you should check out this free report showing analyst profit forecasts.
A Different Perspective

While the broader market lost about 19% in the twelve months, Charge Enterprises shareholders did even worse, losing 60%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 55% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important.

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