Investors hoping for Shanxi Huayang to surpass wider industr...

Moomoo AI Nov 23, 2023 06:33

Investors hoping for Shanxi Huayang to surpass wider industry may face letdown if the P/S aligns with recent negative growth trends. Its high P/S ratio amidst decreasing revenue, along with rising stock prices, signal possible overly optimistic sentiment and potential risks.

Shanxi Huayang New Material Co.,Ltd.'s (SHSE:600281) 39% Price Boost Is Out Of Tune With Revenues

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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