High P/S ratio may be due to expectations of a company turna...

Moomoo AI Mar 4, 2024 10:09

High P/S ratio may be due to expectations of a company turnaround. However, with lower-than-average revenue growth and poor forecasts, share prices risk decline unless conditions improve significantly.

Revenues Not Telling The Story For China Wafer Level CSP Co., Ltd. (SHSE:603005) After Shares Rise 25%

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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