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The high P/S ratio of Shanghai Moons' Electric could be just...
The high P/S ratio of Shanghai Moons' Electric could be justified given that its projected revenue growth significantly outruns the industry predictions. Shareholders seem confident about the firm's future revenues and this confidence seems to be supporting the stock price.
Investors Still Waiting For A Pull Back In Shanghai Moons' Electric Co., Ltd. (SHSE:603728)
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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