Despite steady revenue decline, investors are questionably m...

Moomoo AI Dec 21, 2023 19:54

Despite steady revenue decline, investors are questionably maintaining the P/S ratio, a seemingly unsustainable move that may negatively impact share price. The overvalued P/S ratio indicates a premium payment for the stock amidst a bleak revenue foresight.

Lushang Freda Pharmaceutical Co.,Ltd.'s (SHSE:600223) Shares May Have Run Too Fast Too Soon

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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