What KHVATEC Co.,Ltd.’s (KOSDAQ:060720) 29% Share Price Gain Is Not Telling You
Despite an already strong run, KHVATEC Co.,Ltd. (KOSDAQ:060720) shares have been powering on, with a gain of 29% in the last thirty days. Longer-term shareholders would be thankful for the recovery in the share price since it’s now virtually flat for the year after the recent bounce.
Even after such a large jump in price, you could still be forgiven for feeling indifferent about KHVATECLtd’s P/E ratio of 12.3x, since the median price-to-earnings (or “P/E”) ratio in Korea is also close to 14x. Although, it’s not wise to simply ignore the P/E without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
We’ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next year….
