Foghorn Therapeutics' low P/S ratio may be due to investor s...

Moomoo AI Feb 15, 2024 19:16

Foghorn Therapeutics' low P/S ratio may be due to investor skepticism about sustained strong revenue. The company's forecasted growth, lower than the industry average, could be causing shareholder unease and potentially impeding a strong share price rise.

Foghorn Therapeutics Inc.'s (NASDAQ:FHTX) Shares Bounce 28% But Its Business Still Trails The Industry

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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