Investors justify Leascend Technology's high P/S ratio due t...

Moomoo AI Mar 7, 2024 09:00

Investors justify Leascend Technology's high P/S ratio due to expected strong future growth. The company's forecasted revenue growth, higher than the rest of the IT industry, supports the P/S and share price.

Leascend Technology Co., Ltd's (SZSE:300051) P/S Is Still On The Mark Following 40% Share Price Bounce

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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