Despite a forecasted revenue drop, SurgePays' P/S ratio mirr...
Despite a forecasted revenue drop, SurgePays' P/S ratio mirrors the industry average, indicating investor reluctance to sell. However, falling revenues may negatively affect future share prices. Current price levels may be unsustainable considering the bleak revenue outlook.
SurgePays, Inc.'s (NASDAQ:SURG) 44% Share Price Plunge Could Signal Some Risk
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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