Investors' belief in the company's superior revenue growth may explain the high P/S ratio. If recent revenue trends persist, a significant share price drop seems unlikely.
Insider share selling raises caution, despite high insider ownership suggesting alignment with shareholder interests. Lack of insider buying and history of sales make us hesitant about the company's prospects.
The high P/S of Golden Solar might be due to its strong growth and performance against the industry. If this growth trajectory continues, it's unlikely that the share price will fall significantly in the near future.
Despite recent setbacks, the sentiment for Golden Solar New Energy Technology remains positive. Long-term investors gained a 59% return per year over half a decade. The firm could be a good opportunity if the sell-off is temporary and sustained growth continues.
GOLDENSOLAR Stock Forum
No comment yet