What You Can Learn From SEALSQ Corp’s (NASDAQ:LAES) P/S After Its 26% Share Price Crash
SEALSQ Corp (NASDAQ:LAES) shareholders won’t be pleased to see that the share price has had a very rough month, dropping 26% and undoing the prior period’s positive performance. Nonetheless, the last 30 days have barely left a scratch on the stock’s annual performance, which is up a whopping 494%.
Although its price has dipped substantially, SEALSQ’s price-to-sales (or “P/S”) ratio of 36.8x might still make it look like a strong sell right now compared to other companies in the Semiconductor industry in the United States, where around half of the companies have P/S ratios below 4x and even P/S below 1.9x are quite common. However, the P/S might be quite high for a reason and it requires further investigation to determine if…
