Kweather Co., Ltd’s (KOSDAQ:068100) 28% Price Boost Is Out Of Tune With Revenues
Kweather Co., Ltd (KOSDAQ:068100) shares have had a really impressive month, gaining 28% after a shaky period beforehand. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 43% in the last twelve months.
Since its price has surged higher, when almost half of the companies in Korea’s Commercial Services industry have price-to-sales ratios (or “P/S”) below 1x, you may consider Kweather as a stock probably not worth researching with its 2.1x 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 as high as it is.
