Further Upside For Knaus Tabbert AG (ETR:KTA) Shares Could Introduce Price Risks After 26% Bounce
The Knaus Tabbert AG (ETR:KTA) share price has done very well over the last month, posting an excellent gain of 26%. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 45% in the last twelve months.
Even after such a large jump in price, it’s still not a stretch to say that Knaus Tabbert’s price-to-sales (or “P/S”) ratio of 0.2x right now seems quite “middle-of-the-road” compared to the Auto industry in Germany, where the median P/S ratio is around 0.4x. Although, it’s not wise to simply ignore the P/S 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…
