Greiffenberger AG (FRA:GRF) Stock Catapults 183% Though Its Price And Business Still Lag The Industry
Greiffenberger AG (FRA:GRF) shareholders have had their patience rewarded with a 183% share price jump in the last month. The last 30 days bring the annual gain to a very sharp 99%.
Although its price has surged higher, considering around half the companies operating in Germany’s Machinery industry have price-to-sales ratios (or “P/S”) above 0.7x, you may still consider Greiffenberger as an solid investment opportunity with its 0.2x P/S ratio. However, the P/S might be low for a reason and it requires further investigation to determine if it’s justified.
See our latest analysis for Greiffenberger
