The company's low P/S ratio may be justified due to its dete...
The company's low P/S ratio may be justified due to its deteriorating revenue. The industry's predicted 60% growth contrasts with the company's downward momentum. The low P/S ratio could fall further if top-line growth doesn't improve. Share price may remain stable if recent medium-term revenue trends persist.
Benign Growth For Shenzhen CDL Precision Technology Co., Ltd (SZSE:300686) Underpins Stock's 26% Plummet
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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