Optimistic investors have driven a 27% increase in Inno Laser Technology’s stock price over the past month; however, the company’s high price-to-sales ratio warrants careful consideration, especially in light of recent revenue growth.
Optimistic investors have driven a 27% increase in the share price of Inno Laser Technology Co., Ltd. (SZSE:301021) in the last month, but analysts are concerned that the company’s growth may not justify its high price-to-sales ratio.