Newmark Group's low P/S ratio could be explained by its unde...

Moomoo AI Dec 18, 2023 19:24

Newmark Group's low P/S ratio could be explained by its underperformance in revenue growth last year, and its bleak future prospects. This could negatively impact its share price in the near term.

Newmark Group, Inc.'s (NASDAQ:NMRK) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

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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