What Retty Inc.’s (TSE:7356) 36% Share Price Gain Is Not Telling You
The Retty Inc. (TSE:7356) share price has done very well over the last month, posting an excellent gain of 36%. Looking further back, the 21% rise over the last twelve months isn’t too bad notwithstanding the strength over the last 30 days.
Even after such a large jump in price, it’s still not a stretch to say that Retty’s price-to-sales (or “P/S”) ratio of 1.8x right now seems quite “middle-of-the-road” compared to the Interactive Media and Services industry in Japan, where the median P/S ratio is around 1.5x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
Our free stock report includes 2 warning signs investors should be aware of before investing…
