SMA Solar Technology AG (ETR:S92) Stock Catapults 46% Though Its Price And Business Still Lag The Industry
SMA Solar Technology AG (ETR:S92) shareholders are no doubt pleased to see that the share price has bounced 46% in the last month, although it is still struggling to make up recently lost ground. Looking back a bit further, it’s encouraging to see the stock is up 35% in the last year.
Although its price has surged higher, when close to half the companies operating in Germany’s Semiconductor industry have price-to-sales ratios (or “P/S”) above 1.7x, you may still consider SMA Solar Technology as an enticing stock to check out with its 0.6x P/S ratio. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s limited.
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