The company's low P/S ratio is due to shrinking revenue. Sha...

Moomoo AI Mar 17, 2024 09:07

The company's low P/S ratio is due to shrinking revenue. Shareholders accept this as they anticipate no future revenue surprises. If recent revenue trends persist, share price is unlikely to see significant movement soon.

HL Corp (Shenzhen) (SZSE:002105) Surges 36% 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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