The company's low P/S ratio is due to shrinking revenue, des...
The company's low P/S ratio is due to shrinking revenue, despite industry growth projections. Investors believe the potential for revenue improvement doesn't justify a higher P/S ratio. If recent revenue trends persist, share price movement may remain stagnant.
Genes Tech Group Holdings Company Limited's (HKG:8257) 26% Dip In Price Shows Sentiment Is Matching Revenues
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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