Xinglong's high P/S ratio, amid falling revenues, hints at i...

Moomoo AI Nov 23, 2023 07:18

Xinglong's high P/S ratio, amid falling revenues, hints at investors banking on a turnaround despite weak growth. Prolonged revenue underperformance might shake investor faith in current valuations, potentially affecting the stock price.

Revenues Not Telling The Story For Xinglong Holding (Group) Company Ltd. (SZSE:000955) After Shares Rise 32%

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

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