The company's low P/S ratio is due to its three-year growth being lower than industry forecast. Investors see limited potential for revenue improvement to justify a higher P/S ratio. If recent revenue trends persist, a share price reversal seems unlikely.
The company's low growth and lack of profitability may be causing its share price to drop. A revenue increase could revive the share price, but profitability is key. The company's poor performance over the past year concludes a bad run, with shareholders facing a 5% annual loss over five years. This long-term share price weakness could be a bad sign, but contrarian investors might see a potential turnaround.
Shenzhen Refond Optoelectronics Co.,Ltd.'s low P/S ratio indicates the company's recent weak growth compared to the industry. Investors appear skeptical about future revenue improvement, potentially pressuring the share price.
Shenzhen Refond Optoelectronics Stock Forum
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