Linklogis Inc.’s (HKG:9959) 32% Share Price Surge Not Quite Adding Up
Despite an already strong run, Linklogis Inc. (HKG:9959) shares have been powering on, with a gain of 32% in the last thirty days. The last month tops off a massive increase of 106% in the last year.
Following the firm bounce in price, when almost half of the companies in Hong Kong’s Software industry have price-to-sales ratios (or “P/S”) below 3x, you may consider Linklogis as a stock probably not worth researching with its 5x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the elevated P/S.
Check out our latest analysis for Linklogis
