Investors' concern over the firm's performance may elucidate...

Moomoo AI Dec 29, 2023 07:45

Investors' concern over the firm's performance may elucidate the low P/S ratio. Stagnant medium-term growth rates and decreasing confidence in the stock are due to expectations of less favorable future revenue. Without a medium-term revenue trend change, significant stock price improvements seem unlikely.

Improved Revenues Required Before Shenyang Huitian Thermal Power Co.,Ltd (SZSE:000692) Stock's 26% Jump Looks Justified

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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