Published on 17 Apr 2023 on Simply Wall St. via Yahoo Finance
Take Care Before Diving Into The Deep End On Edgio, Inc. (NASDAQ:EGIO)
You may think that with a price-to-sales (or "P/S") ratio of 0.5x Edgio, Inc. (NASDAQ:EGIO) is a stock worth checking out, seeing as almost half of all the IT companies in the United States have P/S ratios greater than 1.6x and even P/S higher than 4x aren't out of the ordinary. Although, it's not wise to just take the P/S at face value as there may be an explanation why it's limited.
See our latest analysis for Edgio
