Despite poor growth, the company's high P/S ratio indicates ...

Moomoo AI Feb 2, 2024 06:45

Despite poor growth, the company's high P/S ratio indicates investor hope for a business turnaround. If medium-term revenue trends persist, the share price may drop significantly, risking shareholder investments and potential investors paying a high premium.

Nanjing Hicin Pharmaceutical Co., Ltd.'s (SZSE:300584) 25% 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. Read more

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