Despite falling prices and revenue, Shenzhen Bioeasy Biotech...
Despite falling prices and revenue, Shenzhen Bioeasy Biotechnology's high P/S ratio indicates investor optimism. However, if expectations aren't met, the stock may be overpriced. The company's recent revenue decline is concerning, especially compared to the industry's expected 26% growth. The high P/S ratio may not be sustainable if these trends continue.
Shenzhen Bioeasy Biotechnology Co., Ltd. (SZSE:300942) Shares May Have Slumped 26% 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.
Read more
Comment
Sign in to post a comment