Despite a recent price hike, the company's falling revenues ...
Despite a recent price hike, the company's falling revenues and bleak outlook could jeopardize the share price. The current P/S ratio indicates potential investors might be overpaying for the stock, which may not be sustainable considering the predicted revenue drop.
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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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.