There’s Reason For Concern Over JINS HOLDINGS Inc.’s (TSE:3046) Massive 30% Price Jump
JINS HOLDINGS Inc. (TSE:3046) shareholders have had their patience rewarded with a 30% share price jump in the last month. The annual gain comes to 153% following the latest surge, making investors sit up and take notice.
Since its price has surged higher, JINS HOLDINGS may be sending very bearish signals at the moment with a price-to-earnings (or “P/E”) ratio of 29.8x, since almost half of all companies in Japan have P/E ratios under 12x and even P/E’s lower than 8x are not unusual. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s so lofty.
Our free stock report includes 1 warning sign investors should be aware of before investing in JINS HOLDINGS. Read for free now.
With…
