TASE:ACCLElectronic
Accel Solutions Group (TASE:ACCL) Stock Faces Revenue Growth And Deeper Losses
Accel Solutions Group stock has been under pressure, with the share price down about 14% over both the past month and the past quarter. Today's Q2 report keeps the spotlight firmly on profitability. Revenue came in at ₪105.7m, but the company reported a net loss of ₪4.5m and a basic loss per share of ₪0.024. For short term traders, the widening quarterly loss is the headline. For long term investors, the bigger question is how a low P/S ratio near 0.8x compares with a business that remains...