The company's low P/S ratio and declining revenues may be ca...
The company's low P/S ratio and declining revenues may be causing the share price drop. Sluggish growth and poor revenue outlook are likely causing investor discomfort, contributing to the low P/S ratio. A significant turnaround is needed for a higher P/S ratio.
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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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.