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Despite a dip in share price, Lihe Technology's high price-t...
Despite a dip in share price, Lihe Technology's high price-to-sales ratio may be concerning due to declining revenue. Unless conditions improve, the current share price may not be seen as fair value. The high P/S ratio could be due to a bullish outlook, but continued revenue trends could negatively impact the share price.
Lihe Technology (Hunan) Co., Ltd.'s (SZSE:300800) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
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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