Despite a revenue dip, the firm's high P/S ratio indicates i...

Moomoo AI Jan 17, 2024 06:21

Despite a revenue dip, the firm's high P/S ratio indicates investor optimism for outperformance. Strong revenue growth over the past years, despite setbacks, backs this high P/S ratio. Investors' confidence in future revenue seems to bolster the share price.

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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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