The Beachbody Company, Inc.’s (NASDAQ:BODI) Price Is Right But Growth Is Lacking After Shares Rocket 46%
The The Beachbody Company, Inc. (NASDAQ:BODI) share price has done very well over the last month, posting an excellent gain of 46%. Looking further back, the 21% rise over the last twelve months isn’t too bad notwithstanding the strength over the last 30 days.
In spite of the firm bounce in price, when close to half the companies operating in the United States’ Consumer Services industry have price-to-sales ratios (or “P/S”) above 1.3x, you may still consider Beachbody Company as an enticing stock to check out with its 0.2x 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 limited.
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