Positive Sentiment Still Eludes Lantheus Holdings, Inc. (NASDAQ:LNTH) Following 26% Share Price Slump
Unfortunately for some shareholders, the Lantheus Holdings, Inc. (NASDAQ:LNTH) share price has dived 26% in the last thirty days, prolonging recent pain. The drop over the last 30 days has capped off a tough year for shareholders, with the share price down 49% in that time.
Even after such a large drop in price, Lantheus Holdings’ price-to-earnings (or “P/E”) ratio of 13.5x might still make it look like a buy right now compared to the market in the United States, where around half of the companies have P/E ratios above 20x and even P/E’s above 35x are quite common. However, the P/E might be low for a reason and it requires further investigation to determine if it’s justified.
