What Wave Electronics Co., Ltd.’s (KOSDAQ:095270) 26% Share Price Gain Is Not Telling You
Wave Electronics Co., Ltd. (KOSDAQ:095270) shares have continued their recent momentum with a 26% gain in the last month alone. The bad news is that even after the stocks recovery in the last 30 days, shareholders are still underwater by about 4.8% over the last year.
In spite of the firm bounce in price, there still wouldn’t be many who think Wave Electronics’ price-to-sales (or “P/S”) ratio of 0.8x is worth a mention when the median P/S in Korea’s Communications industry is similar at about 1x. Although, it’s not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
Our free stock report includes 1 warning sign investors should be aware of before…
