The company's low P/S ratio may indicate anticipated revenue decline. The recent stock price surge and modest P/S ratio could reflect investor sentiment and future expectations. However, with shrinking revenue and projected industry growth, significant share price movement seems unlikely if recent revenue trends persist.
Despite declining revenues, the company's P/S ratio aligns with the industry, suggesting investors are not as bearish as recent times imply. However, if medium-term revenue trends persist, it could hurt the share price. The current P/S ratio may not be sustainable due to the company's poor revenue performance.
Ningxia Younglight Chemicals Stock Forum
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