Hopes for a business turnaround may lead to future disappointment given the company's poor growth and moderate P/S. Less desirable medium-term revenue performance might make the current P/S unsustainable.
Despite poor recent growth, optimism lingers for a company's business turnaround, as reflected in its moderate P/S. However, if the P/S ratio echoes the negative growth rate, it may invite disappointment. Given the mediocre revenue performance, this current P/S ratio might not long bolster confidence unless conditions substantially ameliorate.
Jiangsu Nonghua Intelligent Agriculture Technology Stock Forum
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