Despite solid revenue growth, the P/S ratio remains stagnant...
Despite solid revenue growth, the P/S ratio remains stagnant, possibly due to anticipated revenue decline. Investors may be ignoring limited growth rates, risking future disappointment if the P/S aligns with recent growth. The share price may fall given weak revenue and slower industry growth, unless medium-term conditions improve.
Jiangsu Riying Electronics Co.,Ltd.'s (SHSE:603286) 43% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
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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