Airgain, Inc.'s (NASDAQ:AIRG) Shares Bounce 36% But Its Business Still Trails The Industry
Airgain Inc. (NASDAQ:AIRG) shares have recently climbed 36%, but the stock is still down 23% over the last year. The company's price-to-sales (P/S) ratio of 1.2x is low compared to the industry average, which the article attributes to negative revenue growth in the past and a forecasted future growth rate of 6.8%, significantly lower than the industry's projected 19%. This suggests that despite the recent share price bounce, investors remain cautious due to the company's underperformance relative to its peers.
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