Guangzhou Tongda Auto Electric's high price-to-sales ratio, ...

Moomoo AI Nov 4, 2023 07:44

Guangzhou Tongda Auto Electric's high price-to-sales ratio, its declining revenue and recent underperformance could negatively affect its share price amid expected industry growth. Investors banking on a business turnaround face significant risks if current trends persist.

Guangzhou Tongda Auto Electric Co., Ltd's (SHSE:603390) 35% Share Price Surge Not Quite Adding Up

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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