Despite Pinming Technology's recent revenue drop, its P/S ra...
Despite Pinming Technology's recent revenue drop, its P/S ratio is on par with industry peers, indicating investors' willingness to pay for stock exposure. However, this could lead to future disappointment if the P/S aligns with recent growth rates. The current share price may not reflect fair value unless recent medium-term conditions improve.
Risks Still Elevated At These Prices As Pinming Technology Co., Ltd. (SHSE:688109) Shares Dive 27%
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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