The company's high P/S ratio may suggest overvaluation compa...
The company's high P/S ratio may suggest overvaluation compared to the industry. The recent medium-term revenue decline is worrisome, given the industry's expected 43% growth next year. The share price might drop, making the P/S reasonable, unless conditions significantly improve.
Shenzhen Coship Electronics Co., Ltd. (SZSE:002052) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
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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