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Halo Microelectronics' high P/S ratio is justified by its pr...
Halo Microelectronics' high P/S ratio is justified by its projected revenue growth, outpacing the rest of the Semiconductor industry. Investors are willing to pay more for the stock, anticipating this robust future growth. The risk of revenue decline is seen as remote, supporting the high P/S ratio.
Market Participants Recognise Halo Microelectronics Co., Ltd.'s (SHSE:688173) Revenues Pushing Shares 26% Higher
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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