Atos SE (EPA:ATO) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Atos SE (EPA:ATO) shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness. The annual gain comes to 171% following the latest surge, making investors sit up and take notice.
Even after such a large jump in price, given about half the companies operating in France’s IT industry have price-to-sales ratios (or “P/S”) above 0.7x, you may still consider Atos as an attractive investment with its 0.1x 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.
