In order to justify the effort of selecting individual stocks, it’s worth striving to beat the returns from a market index fund. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that long term Gateley (Holdings) Plc (LON:GTLY) shareholders have had that experience, with the share price dropping 28% in three years, versus a market return of about 18%. The more recent news is of little comfort, with the share price down 27% in a year. The falls have accelerated recently, with the share price down 20% in the last three months.
So let’s have a look and see if the longer term performance of the company has been in line with the underlying business’ progress.
Check out our latest analysis for Gateley (Holdings)
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business…
