Despite poor revenue growth, the high P/S ratio indicates in...

Moomoo AI Feb 3, 2024 08:45

Despite poor revenue growth, the high P/S ratio indicates investor hope for a business turnaround. If medium-term revenue trends persist, the share price may drop, risking investments and potential overpayment by new investors.

Thinker Agricultural Machinery Co., Ltd.'s (SHSE:603789) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

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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