Despite poor growth, investors hope for a business turnaroun...
Despite poor growth, investors hope for a business turnaround. However, if P/S aligns with negative growth rates, shareholders may face disappointment. The company's P/S ratio, matching the industry despite revenue decline, suggests a potential share price drop.
Zhejiang Zone-King Environmental Sci&Tech Co., Ltd. (SHSE:688701) 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.
Read more
Comment
Sign in to post a comment