The low P/S ratio and the stock price drop may be due to investors' pessimism on the revenue prospects for the company. Unless these conditions improve, they will continue to form a barrier for the share price around these levels.
The company's steady returns and capital employed suggest it may be past the growth phase. High current liabilities to total assets ratio indicate risks due to reliance on short-term creditors. Market isn't hopeful on these trends strengthening soon.
Sunwave Communications Stock Forum
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