The high P/S ratio is alarming due to the company's falling ...
The high P/S ratio is alarming due to the company's falling revenues. The current share price seems unjustifiable unless there's a significant improvement in performance. The recent poor growth and high P/S ratio indicate investors' hope for a business turnaround.
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