Despite poor financial performance and declining revenue, th...
Despite poor financial performance and declining revenue, the company's high P/S ratio indicates investor hope for a business turnaround. However, with the industry's projected 12% growth, the share price may decline further, aligning the P/S ratio with recent negative growth rates.
Asia Television Holdings Limited's (HKG:707) 27% Share Price Plunge Could Signal Some Risk
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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