Arko Corp. (NASDAQ:ARKO) Looks Just Right With A 25% Price Jump
Arko Corp. (NASDAQ:ARKO) shareholders have had their patience rewarded with a 25% share price jump in the last month. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 20% in the last twelve months.
After such a large jump in price, given close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) below 19x, you may consider Arko as a stock to avoid entirely with its 62.2x P/E ratio. However, the P/E might be quite high for a reason and it requires further investigation to determine if it’s justified.
