Hailun PianoLtd's high P/S ratio is alarming considering its...

Moomoo AI Mar 17, 2024 09:26

Hailun PianoLtd's high P/S ratio is alarming considering its falling revenue. Investors overlook the weak growth rate, hoping for a business turnaround. But, without improvement, the share price may drop, bringing the P/S back to a reasonable range.

Optimistic Investors Push Hailun Piano Co.,Ltd. (SZSE:300329) Shares Up 35% But Growth Is Lacking

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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