VCI Global shares rise 10.27% after-hours as investors bet on undervalued P/S ratio despite 28% monthly drop.

VCI Global Limited (NASDAQ: VCIG) surged 10.27% in after-hours trading following a report analyzing its recent 28% decline over 30 days and a 100% loss over 12 months. The article highlighted the stock’s depressed price-to-sales (P/S) ratio of 0.4x, significantly below the industry average of 1.2x, despite the company’s strong historical revenue growth (25% year-over-year and 180% over three years). While the report noted risks, including four warning signals for investors, it suggested the low valuation might reflect excessive pessimism about future performance. The analysis implied the stock could be undervalued if its revenue growth outpaces the industry’s projected 6.5% annual growth. After-hours buyers likely interpreted the report as a bullish signal, viewing the sharp price drop as an overcorrection and.