LITALICO Inc. (TSE:7366) Looks Just Right With A 28% Price Jump
LITALICO Inc. (TSE:7366) shares have had a really impressive month, gaining 28% after a shaky period beforehand. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 30% over that time.
Following the firm bounce in price, LITALICO’s price-to-earnings (or “P/E”) ratio of 20.1x might make it look like a strong sell right now compared to the market in Japan, where around half of the companies have P/E ratios below 12x and even P/E’s below 9x are quite common. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the highly elevated P/E.
We’ve discovered 3 warning signs about LITALICO. View them for free.
While the market has…
