Despite declining revenue, the company's high P/S ratio indi...
Despite declining revenue, the company's high P/S ratio indicates investor optimism. However, concerns arise over potential share price decline due to recent medium-term revenue drop. The high P/S ratio may not be sustainable if these trends persist.
Shanxi Huayang New Material Co.,Ltd.'s (SHSE:600281) Popularity With Investors Under Threat As Stock Sinks 29%
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
Comment
Sign in to post a comment