Hangzhou Raycloud Technology's high P/S ratio may not be jus...
Hangzhou Raycloud Technology's high P/S ratio may not be justified due to mediocre revenue forecasts. Investors may face disappointment if the P/S falls in line with growth outlook. Future revenues may not sustain positive sentiment, risking shareholders' investments and potential investors paying excessive premium.
Hangzhou Raycloud Technology Co.,Ltd (SHSE:688365) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
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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