Speculation is rife that Freightos' future revenue growth mi...
Speculation is rife that Freightos' future revenue growth might defy industry trends, accounting for its high P/S ratio. However, it harbors the risk of stock overpayment. The company's robust future revenues reflected in its high P/S ratio underscores shareholder confidence. With strong revenue projections, Freightos' stock price is likely to remain bullish, barring any significant misjudgments by analysts.
Freightos Limited (NASDAQ:CRGO) 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
Comment
Sign in to post a comment