The company's low P/S ratio may indicate expected poor reven...
The company's low P/S ratio may indicate expected poor revenue performance. If top-line growth doesn't improve, the P/S could fall further, possibly disappointing shareholders. The recent surge in Transmit Entertainment's stock doesn't necessarily predict positive future performance, especially if recent medium-term revenue trends persist.
Transmit Entertainment Limited (HKG:1326) Stock Catapults 54% Though Its Price And Business Still Lag 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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