Market Might Still Lack Some Conviction On Yoshiharu Global Co. (NASDAQ:YOSH) Even After 33% Share Price Boost
Yoshiharu Global Co. (NASDAQ:YOSH) shares have continued their recent momentum with a 33% gain in the last month alone. The annual gain comes to 258% following the latest surge, making investors sit up and take notice.
Even after such a large jump in price, you could still be forgiven for feeling indifferent about Yoshiharu Global’s P/S ratio of 1.9x, since the median price-to-sales (or “P/S”) ratio for the Hospitality industry in the United States is also close to 1.5x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
