High P/S ratio may reflect investors' optimism for the compa...
High P/S ratio may reflect investors' optimism for the company's future performance. However, considering the company's recent average growth rates, investors might face disappointment if the P/S aligns with these rates. Current medium-term conditions question the reasonableness of these prices.
There's Reason For Concern Over Royale Home Holdings Limited's (HKG:1198) Massive 29% Price Jump
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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