Despite recent revenue decline, market anticipates a reversa...
Despite recent revenue decline, market anticipates a reversal, justifying high P/S ratio. Company's superior revenue outlook contributes to high P/S, with shareholders confident about future revenues. Strong upward swing in share price boosts P/S figure, making a strong fall unlikely in near future.
Bangyan Technology Co., Ltd.'s (SHSE:688132) P/S Is Still On The Mark Following 27% Share Price Bounce
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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