Given Phoenix Media's shrinking revenues amid a growing indu...

Moomoo AI Nov 29, 2023 06:38

Given Phoenix Media's shrinking revenues amid a growing industry, potential share price decline could be in the horizon, possibly pushing P/S lower. Continuous medium-term revenue trends might put investors at risk of unnecessary premium payment.

What Phoenix Media Investment (Holdings) Limited's (HKG:2008) 26% Share Price Gain Is Not Telling You

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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