Despite shrinking revenue, the high P/S ratio may indicate u...
Despite shrinking revenue, the high P/S ratio may indicate unwarranted investor optimism. The current stock prices, considering revenue trends and sector growth, could be unsustainable. Without medium-term improvements, the share price might not reflect fair value.
China Overseas Nuoxin International Holdings Limited's (HKG:464) 46% Share Price Surge Not Quite Adding Up
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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