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Investors justify MLOptic's high P/S ratio due to strong fut...
Investors justify MLOptic's high P/S ratio due to strong future growth expectations. The potential for revenue deterioration is seen as remote, keeping the P/S ratio high. Strong revenue forecasts are expected to keep the share price buoyant, unless analysts have significantly missed their forecasts.
Why Investors Shouldn't Be Surprised By MLOptic Corp.'s (SHSE:688502) 38% Share Price Surge
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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