Investors' belief in the company's strong revenue growth out...
Investors' belief in the company's strong revenue growth outperforming the industry may explain the high P/S ratio. However, overpayment for the stock is a risk if this doesn't occur. The company's three-year revenue trends and shareholder confidence in stable revenue contribute to the high P/S.
Why Investors Shouldn't Be Surprised By Mongolian Mining Corporation's (HKG:975) 29% Share Price Surge
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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