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Despite Fujian Cement's recent poor growth, its P/S ratio is...
Despite Fujian Cement's recent poor growth, its P/S ratio is similar to the industry, indicating investor hopes for a business turnaround. However, if medium-term conditions don't improve significantly, the current share price may be hard to justify. Continued revenue trends could potentially impact the share price.
Fujian Cement Inc. (SHSE:600802) 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.
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