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 recent poor growth, these prices may not be sustainable. Unless significant improvements occur, the current share price may seem unfair to investors.
China Ocean Group Development Limited's (HKG:8047) Popularity With Investors Under Threat As Stock Sinks 26%
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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