The company's low P/S ratio and underwhelming revenue outloo...
The company's low P/S ratio and underwhelming revenue outlook are causing its share price to drop. Investors believe the potential for revenue improvement doesn't justify a higher P/S ratio. These conditions form a barrier for the share price.
Lacklustre Performance Is Driving Baosheng Science and Technology Innovation Co.,Ltd.'s (SHSE:600973) 28% Price Drop
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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