Despite declining revenue, the company's P/S ratio aligns wi...
Despite declining revenue, the company's P/S ratio aligns with industry average, suggesting less bearish investor sentiment. However, if the ratio aligns with recent negative growth rates, shareholders may face disappointment. A potential share price decline could be imminent given the company's falling revenue amidst growing industry forecasts.
Hangzhou Prevail Optoelectronic Equipment Co., Ltd. (SZSE:300710) Shares May Have Slumped 31% But Getting In Cheap Is Still Unlikely
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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