Guardant Health, Inc. (NASDAQ:GH) Looks Just Right With A 26% Price Jump
Guardant Health, Inc. (NASDAQ:GH) shares have had a really impressive month, gaining 26% after a shaky period beforehand. The last 30 days bring the annual gain to a very sharp 69%.
After such a large jump in price, when almost half of the companies in the United States’ Healthcare industry have price-to-sales ratios (or “P/S”) below 1x, you may consider Guardant Health as a stock not worth researching with its 8.1x 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.
Check out our latest analysis for Guardant Health
