Moiselle International Holdings Limited’s (HKG:130) 80% Price Boost Is Out Of Tune With Revenues
Despite an already strong run, Moiselle International Holdings Limited (HKG:130) shares have been powering on, with a gain of 80% in the last thirty days. Looking back a bit further, it’s encouraging to see the stock is up 75% in the last year.
Even after such a large jump in price, you could still be forgiven for feeling indifferent about Moiselle International Holdings’ P/S ratio of 0.7x, since the median price-to-sales (or “P/S”) ratio for the Luxury industry in Hong Kong is about the same. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
