The Price Is Right For Helios Faros d.d. (ZGSE:HEFA) Even After Diving 27%
Helios Faros d.d. (ZGSE:HEFA) shareholders won’t be pleased to see that the share price has had a very rough month, dropping 27% and undoing the prior period’s positive performance. To make matters worse, the recent drop has wiped out a year’s worth of gains with the share price now back where it started a year ago.
Even after such a large drop in price, you could still be forgiven for thinking Helios Faros d.d is a stock not worth researching with a price-to-sales ratios (or “P/S”) of 3.4x, considering almost half the companies in Croatia’s Hospitality industry have P/S ratios below 2.2x. However, the P/S might be high for a reason and it requires further investigation to determine if it’s justified.
Our free stock report…
