Despite declining revenue, Jiangsu Rijiu Optoelectronics' P/...

Moomoo AI Feb 22, 2024 06:56

Despite declining revenue, Jiangsu Rijiu Optoelectronics' P/S ratio remains high, indicating investor optimism. However, without significant medium-term improvements, the share price may drop, bringing the P/S ratio to a more reasonable level.

Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd's (SZSE:003015) Popularity With Investors Under Threat As Stock Sinks 27%

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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