Fenbo Holdings Limited’s (NASDAQ:FEBO) 28% Share Price Plunge Could Signal Some Risk
Unfortunately for some shareholders, the Fenbo Holdings Limited (NASDAQ:FEBO) share price has dived 28% in the last thirty days, prolonging recent pain. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 94% loss during that time.
Even after such a large drop in price, it’s still not a stretch to say that Fenbo Holdings’ price-to-sales (or “P/S”) ratio of 0.5x right now seems quite “middle-of-the-road” compared to the Consumer Durables industry in the United States, where the median P/S ratio is around 0.6x. While this might not raise any eyebrows, if the P/S ratio is not justified investors could be missing out on a potential opportunity or ignoring looming disappointment.
