High P/S ratio may reflect expectations of company outperfor...

Moomoo AI Mar 7, 2024 06:53

High P/S ratio may reflect expectations of company outperforming industry growth. However, with declining revenue and industry's forecasted growth, current stock value could pose significant risk to shareholders and potential investors.

What Shenzhen Genvict Technologies Co., Ltd.'s (SZSE:002869) 29% Share Price Gain Is Not Telling You

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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