Kutjevo d.d.’s (ZGSE:KTJV) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Kutjevo d.d. (ZGSE:KTJV) shares have had a really impressive month, gaining 32% after a shaky period beforehand. While recent buyers may be laughing, long-term holders might not be as pleased since the recent gain only brings the stock back to where it started a year ago.
Although its price has surged higher, it would still be understandable if you think Kutjevo d.d is a stock with good investment prospects with a price-to-sales ratios (or “P/S”) of 0.8x, considering almost half the companies in Croatia’s Beverage industry have P/S ratios above 1.4x. However, the P/S might be low for a reason and it requires further investigation to determine if it’s justified.
We’ve discovered 4 warning signs about Kutjevo d.d. View them…