The company's low P/S ratio is due to its three-year growth ...

Moomoo AI Mar 7, 2024 08:32

The company's low P/S ratio is due to its three-year growth being lower than industry forecast. Investors see limited potential for revenue improvement to justify a higher P/S ratio. If recent revenue trends persist, a share price reversal seems unlikely.

Shenzhen Refond Optoelectronics Co.,Ltd. (SZSE:300241) Surges 30% Yet Its Low P/S Is No Reason For Excitement

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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