Tat Hong Equipment Service's high P/S ratio amidst weak perf...
Tat Hong Equipment Service's high P/S ratio amidst weak performance and low industry momentum shows investor over-optimism. However, sustained high P/S amidst negative economic indicators implies potential shareholder disappointment if P/S declines to match recent growth rates. Current share prices remain hard to justify without significant medium-term improvement.
Tat Hong Equipment Service Co., Ltd.'s (HKG:2153) 25% 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.
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