REFINVERSE Group, Inc.’s (TSE:7375) 28% Share Price Surge Not Quite Adding Up
REFINVERSE Group, Inc. (TSE:7375) shareholders would be excited to see that the share price has had a great month, posting a 28% gain and recovering from prior weakness. Looking further back, the 23% rise over the last twelve months isn’t too bad notwithstanding the strength over the last 30 days.
Even after such a large jump in price, there still wouldn’t be many who think REFINVERSE Group’s price-to-sales (or “P/S”) ratio of 0.8x is worth a mention when the median P/S in Japan’s Commercial Services industry is similar at about 0.6x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
We’ve found 21 US stocks that are forecast to pay a dividend yield of…
