Despite Fanli Digital TechnologyLtd's significant price drop...
Despite Fanli Digital TechnologyLtd's significant price drop, its P/S still significantly exceeds the industry median. The high P/S ratio may be due to expectations of future outperformance. However, with recent poor growth, these prices may not be sustainable. Unless medium-term conditions improve significantly, investors may find the current share price hard to accept as fair value.
Fanli Digital Technology Co.,Ltd's (SHSE:600228) Popularity With Investors Under Threat As Stock Sinks 26%
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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