Broadpeak Société anonyme’s (EPA:ALBPK) 31% Share Price Surge Not Quite Adding Up

Despite an already strong run, Broadpeak Société anonyme (EPA:ALBPK) shares have been powering on, with a gain of 31% in the last thirty days. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 28% over that time.

Although its price has surged higher, there still wouldn’t be many who think Broadpeak Société anonyme’s price-to-sales (or “P/S”) ratio of 0.4x is worth a mention when the median P/S in France’s Communications industry is similar at about 0.8x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.

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