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002656 Modern Avenue Group

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2.34
-0.01-0.43%

Market Closed Mar 4 15:00 CST

1.67BMarket Cap-35.45P/E (TTM)

Modern Avenue Group Stock Forum

Moomoo AI

Jan 31, 2024 18:32

Despite declining revenue, Modern Avenue Group's high P/S ratio may indicate investor optimism. However, continued revenue decline could pose significant risk. The high P/S ratio may not be sustainable if revenue trends persist.

Modern Avenue Group Co., Ltd. (SZSE:002656) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

frankinglily

Oct 12, 2021 02:25

$China Evergrande (ADR) (EGRNY.US)$ debt crisis also weighed on investor sentiment after Reuters reported that some of the property developer’s offshore bondholders didn't receive interest payments by a Monday deadline.In addition, Evergrande’s rivals, Modern Land (China) Co $Modern Avenue Group (002656.SZ)$ . and Sinic Holdings $SINIC HOLDINGS (02103.HK)$ are attempting to delay bond payment deadlines, as per the report.Meanwhile, Bloomberg reported that China will commence an inspection of the country’s financial regulators, state-run banks and insurers as part of efforts to tackle corruption.