Despite declining revenues, the company's P/S ratio aligns w...
Despite declining revenues, the company's P/S ratio aligns with the industry, suggesting investors are not as bearish as recent times imply. However, if medium-term revenue trends persist, it could hurt the share price. The current P/S ratio may not be sustainable due to the company's poor revenue performance.
Ningxia Yinglite Chemicals Co., Ltd (SZSE:000635) May Have Run Too Fast Too Soon With Recent 31% Price Plummet
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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