Despite poor growth, Ningbo BirdLtd trades at a high P/S, indicating investor hopes for a business turnaround. However, unless recent revenue decline improves, share price may face more pressure.
Despite the company's falling revenue and poor growth, it's trading at a P/S above the industry norm, posing potential risk to investors if this ratio aligns with the negative growth rates. The high P/S ratio is deemed unwarranted considering the company's negative medium-term revenue trends.
Ningbo Bird Co.,Ltd. Stock Forum
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