Information Services Group, Inc. (NASDAQ:III) Stock Catapults 27% Though Its Price And Business Still Lag The Industry
Information Services Group, Inc. (NASDAQ:III) shares have continued their recent momentum with a 27% gain in the last month alone. The last 30 days bring the annual gain to a very sharp 50%.
Even after such a large jump in price, Information Services Group may still be sending buy signals at present with its price-to-sales (or “P/S”) ratio of 0.9x, considering almost half of all companies in the IT industry in the United States have P/S ratios greater than 2.7x and even P/S higher than 7x aren’t out of the ordinary. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s limited.
Our free stock report includes 3 warning signs investors should be aware of before investing in…
