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Moomoo AI Feb 7, 2024 09:42

Despite Xinglong Holding (Group)'s recent share price weakne...

Despite Xinglong Holding (Group)'s recent share price weakness, its P/S ratio remains high, possibly due to expectations of future outperformance. However, if this doesn't materialize, investors may overpay. The recent medium-term revenue decline could risk shareholders' investments and make the current stock value hard to accept for prospective investors.
Xinglong Holding (Group) Company Ltd. (SZSE:000955) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
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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