Qinghai Huading Industrial's high P/S ratio may be due to ex...

Moomoo AI Mar 18, 2024 14:44

Qinghai Huading Industrial's high P/S ratio may be due to expectations of outperforming the industry. However, with recent revenue decline and predicted industry growth, these prices may not be sustainable. Continuation of revenue trends could weigh on the share price.

There's Reason For Concern Over Qinghai Huading Industrial Co., Ltd.'s (SHSE:600243) Massive 31% Price Jump

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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