JTF International Holdings Limited’s (HKG:9689) Price Is Right But Growth Is Lacking After Shares Rocket 27%
JTF International Holdings Limited (HKG:9689) shareholders are no doubt pleased to see that the share price has bounced 27% in the last month, although it is still struggling to make up recently lost ground. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 33% over that time.
In spite of the firm bounce in price, it would still be understandable if you think JTF International Holdings is a stock with good investment prospects with a price-to-sales ratios (or “P/S”) of 0.3x, considering almost half the companies in Hong Kong’s Oil and Gas industry have P/S ratios above 0.8x. Although, it’s not wise to just take the P/S at face value as there may be an…
