Despite IReader Technology's recent share price surge, its P...
Despite IReader Technology's recent share price surge, its P/S ratio remains below industry median due to worse than expected three-year revenue trends. Investors doubt potential revenue improvement justifies a higher P/S ratio, forming a barrier for the share price.
IReader Technology Co., Ltd.'s (SHSE:603533) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
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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