The company's low P/S ratio may be due to expectations of co...
The company's low P/S ratio may be due to expectations of continued or accelerated revenue decline. The recent medium-term revenue decline is contributing to its low P/S, given the industry is set to grow. Investors feel the potential for an improvement in revenue isn't great enough to justify a higher P/S ratio.
Hangzhou Anysoft Information Technology Co., Ltd.'s (SZSE:300571) Shares Bounce 27% But Its Business Still Trails The Industry
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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