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Despite a recent drop, Double Medical Technology's P/S ratio...
Despite a recent drop, Double Medical Technology's P/S ratio remains high due to strong future growth expectations. Investors believe the potential for revenue deterioration is remote, justifying the high P/S ratio. These conditions, if persistent, will continue to support the share price.
What You Can Learn From Double Medical Technology Inc.'s (SZSE:002901) P/SAfter Its 30% Share Price Crash
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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