Despite declining revenues, the company's high P/S ratio ind...
Despite declining revenues, the company's high P/S ratio indicates investor optimism. This is, however, risky as ongoing revenue trends could lead to a share price drop, placing investors at a risk of overpaying.
Risks To Shareholder Returns Are Elevated At These Prices For MCC Meili Cloud Computing Industry Investment Co., Ltd (SZSE:000815)
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