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Despite Synchronoss Technologies' share surge, its low P/S r...
Despite Synchronoss Technologies' share surge, its low P/S ratio persists due to predicted revenue decline. Its poor outlook, contrasting with industry peers' growth forecasts, justifies the low P/S ratio. Without significant change, a drastic stock price rise seems unlikely.
Synchronoss Technologies, Inc. (NASDAQ:SNCR) Shares Fly 34% But Investors Aren't Buying For Growth
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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