Despite poor growth, Xiong'an New Power TechnologyLtd trades...

Moomoo AI Feb 2, 2024 06:26

Despite poor growth, Xiong'an New Power TechnologyLtd trades at a high P/S, suggesting investor hopes for a business turnaround. However, continued revenue decline could impact share price negatively, indicating potential overvaluation.

Some Confidence Is Lacking In Xiong'an New Power Technology Co.,Ltd. (SZSE:300152) As Shares Slide 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. Read more

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