Asia Cuanon Technology's low P/S ratio is due to its weak fo...
Asia Cuanon Technology's low P/S ratio is due to its weak forecast growth. Investors expect limited future growth, justifying a reduced stock price. The potential for revenue improvement doesn't warrant a higher P/S ratio, limiting share price rise.
Revenues Working Against Asia Cuanon Technology (Shanghai) Co.,Ltd.'s (SHSE:603378) Share Price Following 25% Dive
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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