Shenzhen Ridge Engineering Consulting's high P/S ratio may b...

Moomoo AI Jun 28, 2024 08:21

Shenzhen Ridge Engineering Consulting's high P/S ratio may be due to investors' optimism about a revenue turnaround. The company's strong revenue outlook is keeping the share price high, as investors believe the risk of revenue decline is low.

Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable

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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