Investors' belief in Avid Bioservices' stagnant revenue perf...

Moomoo AI Dec 19, 2023 01:16

Investors' belief in Avid Bioservices' stagnant revenue performance and future growth lagging behind the industry has led to its low P/S. The underwhelming revenue outlook and shareholders' pessimism impact the P/S negatively.

Avid Bioservices, Inc.'s (NASDAQ:CDMO) Revenues Are Not Doing Enough For Some Investors

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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