Despite satisfactory revenue, the low P/S ratio indicates ma...
Despite satisfactory revenue, the low P/S ratio indicates market expectation of the company's decline and inability to outpace industry growth. Shareholders, though optimistic, are reluctant to pay more for the stock due to lack of promise in revenue surge.
Jiangsu Lettall Electronic Co.,Ltd's (SHSE:603629) 29% Dip In Price Shows Sentiment Is Matching 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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