Given Hytera Communications' shrinking revenue and below-ave...

Moomoo AI Oct 10, 2023 07:39

Given Hytera Communications' shrinking revenue and below-average growth forecasts, the low P/S ratio likely signifies investors’ reduced confidence in the company’s future prosperity. A significant boost in revenue is needed to warrant a higher P/S ratio.

Revenues Working Against Hytera Communications Corporation Limited's (SZSE:002583) Share Price

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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