Despite receding revenue, high P/S ratio indicates investor ...
Despite receding revenue, high P/S ratio indicates investor optimism for future outperformance. However, slower revenue growth and high P/S ratio pose a risk of share price decrease. Recent medium-term conditions challenge the reasonability of the share price.
CITIC Niya Wine Co., Ltd.'s (SHSE:600084) 26% Price Boost Is Out Of Tune With Revenues
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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