The low P/S ratio, usually a bullish signal, reflects market...
The low P/S ratio, usually a bullish signal, reflects market pessimism due to the company's recent revenue decline. Without medium-term revenue improvement, the share price may stay low.
Lacklustre Performance Is Driving Cyanotech Corporation's (NASDAQ:CYAN) 39% Price Drop
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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