BioLife Solutions, Inc.’s (NASDAQ:BLFS) P/S Is Still On The Mark Following 25% Share Price Bounce
BioLife Solutions, Inc. (NASDAQ:BLFS) shareholders would be excited to see that the share price has had a great month, posting a 25% gain and recovering from prior weakness. Looking further back, the 11% rise over the last twelve months isn’t too bad notwithstanding the strength over the last 30 days.
Following the firm bounce in price, when almost half of the companies in the United States’ Life Sciences industry have price-to-sales ratios (or “P/S”) below 3.3x, you may consider BioLife Solutions as a stock not worth researching with its 13.6x 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 so lofty.
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