Gnus stock is on a tear.
Its surged more than 1,300% since it was first listed in April, and it’s up more than 30% this year.
The company is up more quickly than other stock indexes, including the S&P 500 and Nasdaq Composite, which has posted annual losses for three straight quarters.
But gnus has also gotten stronger as it invests in new products and new technology.
The stock has jumped more than 200% over the past year.
A key metric is earnings per share, which is calculated by subtracting the company’s operating profit and selling prices.
For the past six months, gnus’s earnings per square centage-point growth has averaged 6.3%, according to FactSet.
The latest earnings come on the heels of the company adding a new cloud-based product to its portfolio: Gnus Enterprise, which offers enterprise management tools for employees.
The product is aimed at cloud-computing companies, and Gnus is also working on new technologies to support enterprise and public cloud applications.
Gnus’s stock is up 8% this month compared with the same time last year.
What you need to know about the stock: A number of the stocks in this chart are up more rapidly than the S+P 500 or Nasdaq composite.
The Nasdaq, which closed Friday at 1,818, is up almost 70% from its June closing, but it’s not the top performing index in the SaaS and IoT markets.
The SaaM market has been in a correction over the last two years.
But the Nasdaq is up just 9% this time, and its 10-year return has been better than the 10- and 15-year S&s.
Gnu is a small company, with a market cap of $15.3 billion.