In the last 12 months the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has managed to gain a solid 10%.
Whilst a number of shares have managed to outperform the index by some distance, not all shares have fared so well. The following three shares are the worst performers on the index during the period. Can they bounce back?
The iSentia Group Ltd (ASX: ISD) share price has fallen almost 52% in the last 12 months. The sudden underperformance of its newly acquired content marketing business has been the reason behind the sell-off. Although things started off strongly, things deteriorated very quickly and led to management predicting a $3 million full-year operating loss from the segment. Whilst the company appears to have stopped the rot, I would suggest investors hold off an investment until there is a notable improvement in its performance.
The Syrah Resources Ltd (ASX: SYR) share price is down 50% since this time last year. The shock departure of its CEO towards the end of last year played a key role in this decline. Whilst Syrah referred to it as a transition which reflected the evolving strategic direction of the company, the market clearly didn't see it as a positive. But with the company's massive Balama graphite project in Mozambique running to schedule, I think this miner could be worth a closer look at now.
The Vocus Group Ltd (ASX: VOC) share price has been the worst performer on the index in the last 12 months, falling a remarkable 73.5%. The combination of a broad sell-off in the telco industry, boardroom fall outs, and a surprise profit downgrade led to this decline. Whilst I think the fast-growing telco company could be a great buy and hold investment option, investors might want to wait until the release of its full-year results in August.
