It's been a great afternoon session for Evolus investors, who saw their shares rise 16.7% to a price of $9.87 per share. At these higher prices, is the company still fairly valued? If you are thinking about investing, make sure to check the company's fundamentals before making a decision.
Evolus, Inc., a performance beauty company, provides medical aesthetic products for physicians and their patients in the United States. The company belongs to the Healthcare sector, which has an average price to earnings (P/E) ratio of 13.21. In contrast, Evolus has a trailing 12 month P/E ratio of -2.0 based on its earnings per share of $-4.83.
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