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Moomoo AI Feb 28, 2024 07:38

Investors' faith in the company's potential for improvement ...

Investors' faith in the company's potential for improvement may explain the high P/S ratio. Strong future revenue growth estimates justify this ratio, and shareholder confidence suggests the share price won't fall significantly soon.
Investors Appear Satisfied With Kunshan Huguang Auto Harness Co.,Ltd.'s (SHSE:605333) Prospects As Shares Rocket 29%
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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