Despite dismal performance, Perimeter Solutions' high price-...
Despite dismal performance, Perimeter Solutions' high price-to-sales ratio could be justified if revenues rebound as expected. Investors appear to anticipate robust future growth, hence are ready to pay a premium for the stock. As long as revenue forecasts hold, the share price should remain strong.
Perimeter Solutions, SA (NYSE:PRM) Looks Just Right With A 30% Price Jump
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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