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The low P/S ratio may be due to expectations of the strong r...
The low P/S ratio may be due to expectations of the strong revenue performance degrading substantially. The company's recent medium-term revenue trends are worse than current industry expectations, which may be causing the low P/S and the drop in share price.
Simei Media Co.,Ltd.'s (SZSE:002712) 37% Dip In Price Shows Sentiment Is Matching Revenues
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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