There’s Reason For Concern Over Friedrich Vorwerk Group SE’s (ETR:VH2) Massive 28% Price Jump
Despite an already strong run, Friedrich Vorwerk Group SE (ETR:VH2) shares have been powering on, with a gain of 28% in the last thirty days. The annual gain comes to 247% following the latest surge, making investors sit up and take notice.
After such a large jump in price, Friedrich Vorwerk Group may be sending very bearish signals at the moment with a price-to-earnings (or “P/E”) ratio of 31x, since almost half of all companies in Germany have P/E ratios under 18x and even P/E’s lower than 11x are not unusual. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the highly elevated P/E.
Trump has pledged to “unleash” American oil and gas and these 15 US stocks have developments that…
