Despite robust revenue, share price and P/S ratio remain sta...
Despite robust revenue, share price and P/S ratio remain stagnant, possibly due to anticipated slowing growth. If medium-term revenue trends persist, the likelihood of a share price drop increases. Investors are warned not to over-rely on price-to-sales ratios for investment decisions.
Palm Eco-Town Development Co., Ltd's (SZSE:002431) 26% Share Price Plunge Could Signal Some Risk
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
Comment
Sign in to post a comment