Despite poor revenue, the company's P/S ratio matches the in...
Despite poor revenue, the company's P/S ratio matches the industry average, hinting at investor hope for a business turnaround. However, continued revenue trends could hurt the share price. The current P/S ratio may not be sustainable with declining revenues amidst growing industry forecasts.
Guangdong Chaohua Technology Co., Ltd (SZSE:002288) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
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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