GSI Technology's low P/S ratio is due to declining revenue. ...

Moomoo AI Jan 27, 2024 20:30

GSI Technology's low P/S ratio is due to declining revenue. Without top-line growth improvement, the P/S ratio may drop further. The weak share price and falling revenue have led shareholders to accept this low ratio, not expecting future revenue boosts.

Investors Don't See Light At End Of GSI Technology, Inc.'s (NASDAQ:GSIT) Tunnel And Push Stock Down 30%

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