What Bambuser AB (publ)’s (STO:BUSER) 128% Share Price Gain Is Not Telling You
Bambuser AB (publ) (STO:BUSER) shares have had a really impressive month, gaining 128% after a shaky period beforehand. The last 30 days bring the annual gain to a very sharp 45%.
Following the firm bounce in price, given close to half the companies operating in Sweden’s Interactive Media and Services industry have price-to-sales ratios (or “P/S”) below 1.5x, you may consider Bambuser as a stock to potentially avoid with its 2.3x P/S ratio. However, the P/S might be high for a reason and it requires further investigation to determine if it’s justified.
