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Stock impact report

Investing in Electrovaya (TSE:ELVA) a year ago would have delivered you a 185% gain [Yahoo! Finance]

Electrovaya Inc. - Common Shares (ELVA) 
Company Research Source: Yahoo! Finance
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 Electrovaya Inc. TSE:ELVA ) share price had more than doubled in just one year - up 185%. It's also up 49% in about a month. We note that Electrovaya reported its financial results recently; luckily, you can catch up on the latest revenue and profit numbers in our company report . Looking back further, the stock price is 91% higher than it was three years ago. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We don't think that Electrovaya's modest trailing twelve month profit has the market's full attention at the moment. We think revenue is probably a better guide. Generally speaking, we'd consider a stock like this alongside loss-making companies, s Show less Read more
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