What D&G Technology Holding Company Limited’s (HKG:1301) 26% Share Price Gain Is Not Telling You
Those holding D&G Technology Holding Company Limited (HKG:1301) shares would be relieved that the share price has rebounded 26% in the last thirty days, but it needs to keep going to repair the recent damage it has caused to investor portfolios. Longer-term shareholders would be thankful for the recovery in the share price since it’s now virtually flat for the year after the recent bounce.
Following the firm bounce in price, you could be forgiven for thinking D&G Technology Holding is a stock not worth researching with a price-to-sales ratios (or “P/S”) of 1.2x, considering almost half the companies in Hong Kong’s Machinery industry have P/S ratios below 0.7x. However, the P/S might be high for a reason and it requires further…
