Market expectations of a revenue decline for Caihong Display...

Moomoo AI Jan 22, 2024 15:50

Market expectations of a revenue decline for Caihong Display DevicesLtd may be keeping the P/S ratio low. If recent medium-term revenue trends persist, a share price reversal seems unlikely. Investors may believe the potential for revenue improvement doesn't justify a higher P/S ratio.

The Market Doesn't Like What It Sees From Caihong Display Devices Co.,Ltd.'s (SHSE:600707) Revenues Yet

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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