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Despite declining revenue, the company's high P/S ratio indi...
Despite declining revenue, the company's high P/S ratio indicates investor optimism for a business turnaround. However, recent negative growth rates pose a risk of disappointment if the P/S ratio aligns with these rates.
Some Confidence Is Lacking In Zhejiang Furun Digital Technology Co., Ltd. (SHSE:600070) As Shares Slide 25%
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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