The company's low P/S ratio is due to its falling revenue. Investors think the potential for revenue improvement doesn't justify a higher P/S ratio. If recent medium-term revenue trends continue, the share price is unlikely to see significant movement.
Despite a high P/E ratio suggesting a bright future for HY Energy Group, last year's poor performance and a 5-year annualized loss of 6% hint at ongoing challenges. This could be a red flag or a turnaround opportunity for contrarian investors.
HY Energy Group Stock Forum
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