Conduit Holdings Limited’s (LON:CRE) 29% Dip In Price Shows Sentiment Is Matching Revenues
Explore Conduit Holdings’s Fair Values from the Community and select yours
Conduit Holdings Limited (LON:CRE) shareholders that were waiting for something to happen have been dealt a blow with a 29% share price drop in the last month. The drop over the last 30 days has capped off a tough year for shareholders, with the share price down 47% in that time.
Although its price has dipped substantially, when close to half the companies operating in the United Kingdom’s Insurance industry have price-to-sales ratios (or “P/S”) above 1.4x, you may still consider Conduit Holdings as an enticing stock to check out with its 0.7x P/S ratio. Although, it’s not wise to just take the P/S at face value as…
