High P/S ratio may reflect expectations of the company outpe...
High P/S ratio may reflect expectations of the company outperforming the industry. However, with poor growth rate and industry forecast, these prices may not sustain. Continuation of recent medium-term revenue trends could significantly impact share price, risking investors paying excessive premium.
Shanghai Guangdian Electric Group Co., Ltd. (SHSE:601616) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
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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