The market may expect a drop in IHS Holding's future revenue...
The market may expect a drop in IHS Holding's future revenue, explaining the low P/S ratio. If revenue growth doesn't pick up, the P/S could fall further. Given the company's weak revenue forecasts, it's unsurprising that its P/S is low. Current circumstances make a strong share price rise unlikely soon.
Lacklustre Performance Is Driving IHS Holding Limited's (NYSE:IHS) 30% 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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