YG Plus, Inc. (KRX:037270) Looks Just Right With A 30% Price Jump
Despite an already strong run, YG Plus, Inc. (KRX:037270) shares have been powering on, with a gain of 30% in the last thirty days. Looking back a bit further, it’s encouraging to see the stock is up 52% in the last year.
After such a large jump in price, you could be forgiven for thinking YG Plus is a stock not worth researching with a price-to-sales ratios (or “P/S”) of 2.1x, considering almost half the companies in Korea’s Media industry have P/S ratios below 1.5x. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the elevated P/S.
