Despite a revenue dip, high market expectations for the comp...

Moomoo AI Feb 2, 2024 08:18

Despite a revenue dip, high market expectations for the company's performance may keep the P/S ratio high. The company's recent growth rates surpass the industry's expected 27% growth, explaining why investors pay more for the stock. However, unless conditions change, they will continue to bolster the share price.

Gansu Yatai Industrial Developent Co.,Ltd.'s (SZSE:000691) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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