During an economic shutdown with high unemployment specifically impacting small-to-medium-sized businesses, it's hardly a surprise to see the share price struggling for a company focused on servicing small-to-medium-sized businesses. Such is the case for Insperity (NSP). The HR solutions provider is trading at only 35% of its 52-week high of over $144.
Insperity's troubles didn't actually start with the economic shutdown. It hit its 52-week high in July 2019 before reporting 2019 second quarter results. With each subsequent quarter's report, its share price stair-stepped lower. The culprit of the disappointments was an unusual