Hong Kong ChaoShang Group's high P/S ratio amid falling reve...

Moomoo AI Dec 28, 2023 06:33

Hong Kong ChaoShang Group's high P/S ratio amid falling revenue potentially signals a risky investment. If the company can't outperform its industry, investors may overpay for its stock. Ongoing revenue trends could hurt its share price.

Some Shareholders Feeling Restless Over Hong Kong ChaoShang Group Limited's (HKG:2322) P/S Ratio

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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kavfam : you read that situation well. looks like a downward spiral.

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