The company's low P/S ratio may reflect market anticipation ...
The company's low P/S ratio may reflect market anticipation of a future revenue decline. Despite this, if the company stays its course, its share price could align with its revenue. However, its poor revenue forecast, as per analysts, is causing its low P/S. A turn of luck is needed for a higher future P/S.
Hefei Fengle Seed Co.,Ltd (SZSE:000713) Looks Inexpensive But Perhaps Not Attractive Enough
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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