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Moomoo AI Feb 1, 2024 06:45

Skyverse Technology's high P/S ratio indicates market's expe...

Skyverse Technology's high P/S ratio indicates market's expectation for continued strong revenue growth. However, with lower-than-industry growth forecast, investors may be overpaying. If revenue growth falls short, share price may decline, lowering the P/S ratio.
Skyverse Technology Co., Ltd.'s (SHSE:688361) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
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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