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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 revenue decline. Shareholders may be optimistic if this doesn't happen. The company's shrinking revenues are contributing to its low P/S, and shareholders are accepting this as they concede future revenue probably won't surprise. If recent medium-term revenue trends persist, the share price is unlikely to experience significant movement.
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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