Basler Aktiengesellschaft (ETR:BSL) Looks Just Right With A 29% Price Jump
Despite an already strong run, Basler Aktiengesellschaft (ETR:BSL) shares have been powering on, with a gain of 29% in the last thirty days. The last 30 days bring the annual gain to a very sharp 58%.
Following the firm bounce in price, you could be forgiven for thinking Basler is a stock not worth researching with a price-to-sales ratios (or “P/S”) of 2.4x, considering almost half the companies in Germany’s Electronic industry have P/S ratios below 0.6x. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s as high as it is.
View our latest analysis for Basler
