Published on 18 Dec 2023 on Simply Wall St. via Yahoo Finance
Optimistic Investors Push Koss Corporation (NASDAQ:KOSS) Shares Up 32% But Growth Is Lacking
Koss Corporation (NASDAQ:KOSS) shares have had a really impressive month, gaining 32% after a shaky period beforehand. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 29% over that time.
Since its price has surged higher, when almost half of the companies in the United States' Consumer Durables industry have price-to-sales ratios (or "P/S") below 0.7x, you may consider Koss as a stock probably not worth researching with its 2.6x P/S ratio. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the elevated P/S.
Check out our latest analysis for Koss