Elegant Home-Tech's high P/S ratio is concerning despite rec...

Moomoo AI Mar 26, 2024 07:36

Elegant Home-Tech's high P/S ratio is concerning despite recent revenue growth, due to medium-term revenue decline and underperformance against industry forecasts. Investors may face disappointment if P/S aligns with negative growth rates.

Subdued Growth No Barrier To Elegant Home-Tech Co., Ltd. (SHSE:603221) With Shares Advancing 33%

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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