Artist Studio Inc.’s (KOSDAQ:200350) 27% Share Price Surge Not Quite Adding Up
Artist Studio Inc. (KOSDAQ:200350) shares have continued their recent momentum with a 27% gain in the last month alone. Looking back a bit further, it’s encouraging to see the stock is up 54% in the last year.
After such a large jump in price, you could be forgiven for thinking Artist Studio is a stock to steer clear of with a price-to-sales ratios (or “P/S”) of 5.7x, considering almost half the companies in Korea’s Entertainment industry have P/S ratios below 1.6x. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the highly elevated P/S.
Check out our latest analysis for Artist Studio
