StoneX Group Inc. (NASDAQ:SNEX) Looks Just Right With A 26% Price Jump
The StoneX Group Inc. (NASDAQ:SNEX) share price has done very well over the last month, posting an excellent gain of 26%. The last 30 days bring the annual gain to a very sharp 100%.
In spite of the firm bounce in price, there still wouldn’t be many who think StoneX Group’s price-to-earnings (or “P/E”) ratio of 18.7x is worth a mention when the median P/E in the United States is similar at about 19x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/E.
Recent times have been advantageous for StoneX Group as its earnings have been rising…
