What D&G Technology Holding Company Limited’s (HKG:1301) 31% Share Price Gain Is Not Telling You
The D&G Technology Holding Company Limited (HKG:1301) share price has done very well over the last month, posting an excellent gain of 31%. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 12% in the last twelve months.
After such a large jump in price, given close to half the companies operating in Hong Kong’s Machinery industry have price-to-sales ratios (or “P/S”) below 0.7x, you may consider D&G Technology Holding as a stock to potentially avoid with its 1.7x P/S ratio. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s as high as it is.
View our latest analysis for D&G Technology Holding
