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Stock valuation and ps ratio twitterme inc is a new company

Question: Stock Valuation and PS Ratio. TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $1.35 million and there are 130,000 shares outstanding. If the benchmark price-sales ratio is 4.8, what is your estimate of an appropriate stock price? What if the price-sales ratio were 3.7?

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Finance Basics: Stock valuation and ps ratio twitterme inc is a new company

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