OSL Group Limited’s (HKG:863) 28% Share Price Surge Not Quite Adding Up
The OSL Group Limited (HKG:863) share price has done very well over the last month, posting an excellent gain of 28%. Unfortunately, despite the strong performance over the last month, the full year gain of 9.8% isn’t as attractive.
Since its price has surged higher, given around half the companies in Hong Kong’s Capital Markets industry have price-to-sales ratios (or “P/S”) below 2.8x, you may consider OSL Group as a stock to avoid entirely with its 17.6x 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 so lofty.
We check all companies for important risks. See what we found for OSL Group in our free report.
See our latest analysis for OSL Group
