everplay group plc’s (LON:EVPL) 26% Price Boost Is Out Of Tune With Revenues
Despite an already strong run, everplay group plc (LON:EVPL) shares have been powering on, with a gain of 26% in the last thirty days. The last 30 days bring the annual gain to a very sharp 28%.
After such a large jump in price, you could be forgiven for thinking everplay group is a stock not worth researching with a price-to-sales ratios (or “P/S”) of 3.3x, considering almost half the companies in the United Kingdom’s Entertainment industry have P/S ratios below 1.4x. 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.
