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Moomoo AI Mar 9, 2024 07:31

Despite revenue decline, Rayitek Hi-Tech Film Company's high...

Despite revenue decline, Rayitek Hi-Tech Film Company's high P/S ratio persists due to strong forecasted revenue growth, outpacing the Chemicals industry. Shareholders' confidence in future revenues bolsters the share price.
Rayitek Hi-Tech Film Company Ltd., Shenzhen (SHSE:688323) Looks Just Right With A 36% Price Jump
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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