Investor expectations of limited future growth may be causin...
Investor expectations of limited future growth may be causing a lower P/S ratio for Shanghai Newtouch Software. The company's lower forecast growth compared to the wider industry seems to be contributing to this. A change in the company's fortunes would be needed to justify a higher P/S ratio in the future.
Benign Growth For Shanghai Newtouch Software Co., Ltd. (SHSE:688590) Underpins Stock's 26% Plummet
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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