High P/S ratio in the face of dwindling revenue and weaker f...
High P/S ratio in the face of dwindling revenue and weaker forecasted industry growth hints at investors' expectations for a business turnaround. Yet, this sentiment could harm the share price without considerable mid-term performance enhancement of the company.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000003135e1bc720b76.jpg)
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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