What Speee, Inc.’s (TSE:4499) 26% Share Price Gain Is Not Telling You
Speee, Inc. (TSE:4499) shareholders are no doubt pleased to see that the share price has bounced 26% in the last month, although it is still struggling to make up recently lost ground. The last 30 days bring the annual gain to a very sharp 26%.
Since its price has surged higher, you could be forgiven for thinking Speee is a stock not worth researching with a price-to-sales ratios (or “P/S”) of 1.5x, considering almost half the companies in Japan’s IT industry have P/S ratios below 1x. However, the P/S might be high for a reason and it requires further investigation to determine if it’s justified.
Our free stock report includes 2 warning signs investors should be aware of before investing in Speee. Read for free now.
