Mobix Labs, Inc. (NASDAQ:MOBX) Looks Just Right With A 28% Price Jump
Mobix Labs, Inc. (NASDAQ:MOBX) shares have continued their recent momentum with a 28% gain in the last month alone. Unfortunately, despite the strong performance over the last month, the full year gain of 9.6% isn’t as attractive.
Following the firm bounce in price, when almost half of the companies in the United States’ Semiconductor industry have price-to-sales ratios (or “P/S”) below 4x, you may consider Mobix Labs as a stock probably not worth researching with its 5.4x 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.
