Investors' expectations of a significant improvement in the ...
Investors' expectations of a significant improvement in the company's revenue performance may be causing the high P/S ratio. The potential for a deterioration in revenues seems remote, justifying the elevated P/S ratio. The share price is unlikely to fall significantly in the near future under these circumstances.
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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