The company's high P/S ratio, despite its recent decline in ...
The company's high P/S ratio, despite its recent decline in revenue and slower-than-industry growth, suggests a significant risk of the share price decreasing. Investors may be at risk of paying an excessive premium if recent medium-term revenue trends continue.
Shandong Longquan Pipe Industry Co.,Ltd's (SZSE:002671) 27% Share Price Plunge Could Signal Some Risk
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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