Why We’re Not Concerned Yet About TSS, Inc.’s (NASDAQ:TSSI) 27% Share Price Plunge
Explore TSS’s Fair Values from the Community and select yours
TSS, Inc. (NASDAQ:TSSI) shares have retraced a considerable 27% in the last month, reversing a fair amount of their solid recent performance. Regardless, last month’s decline is barely a blip on the stock’s price chart as it has gained a monstrous 325% in the last year.
In spite of the heavy fall in price, given close to half the companies operating in the United States’ IT industry have price-to-sales ratios (or “P/S”) below 2.6x, you may still consider TSS as a stock to potentially avoid with its 3.2x P/S ratio. However, the P/S might be high for a reason and it requires further investigation to determine if it’s…
