Simmtech Holdings Co., Ltd.’s (KOSDAQ:036710) Price Is Right But Growth Is Lacking After Shares Rocket 79%
Simmtech Holdings Co., Ltd. (KOSDAQ:036710) shareholders have had their patience rewarded with a 79% share price jump in the last month. Looking back a bit further, it’s encouraging to see the stock is up 58% in the last year.
Although its price has surged higher, Simmtech Holdings may still be sending buy signals at present with its price-to-sales (or “P/S”) ratio of 0.1x, considering almost half of all companies in the Electronic industry in Korea have P/S ratios greater than 0.8x and even P/S higher than 3x aren’t out of the ordinary. However, the P/S might be low for a reason and it requires further investigation to determine if it’s justified.
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