What POONGWON PRECISION CO.,Ltd.’s (KOSDAQ:371950) 26% Share Price Gain Is Not Telling You
POONGWON PRECISION CO.,Ltd. (KOSDAQ:371950) shareholders have had their patience rewarded with a 26% share price jump in the last month. The last 30 days bring the annual gain to a very sharp 33%.
Since its price has surged higher, given around half the companies in Korea’s Electronic industry have price-to-sales ratios (or “P/S”) below 0.7x, you may consider POONGWON PRECISIONLtd as a stock to avoid entirely with its 5.7x 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 so lofty.
We’ve discovered 2 warning signs about POONGWON PRECISIONLtd. View them for free.
Check out our latest analysis for POONGWON PRECISIONLtd
