With A 36% Price Drop For Inscobee., Inc. (KRX:006490) You’ll Still Get What You Pay For
Explore Inscobee’s Fair Values from the Community and select yours
The Inscobee., Inc. (KRX:006490) share price has fared very poorly over the last month, falling by a substantial 36%. The drop over the last 30 days has capped off a tough year for shareholders, with the share price down 27% in that time.
Although its price has dipped substantially, given close to half the companies operating in Korea’s Telecom industry have price-to-sales ratios (or “P/S”) below 0.5x, you may still consider Inscobee as a stock to potentially avoid with its 1x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the elevated P/S.
