Despite Asia Cuanon Technology's stock surge, its modest P/S ratio indicates shareholder doubt in forecast growth. Concerns arise that the company may underperform near-term forecasts.

Asia Cuanon Technology's low P/S ratio is due to its weak forecast growth. Investors expect limited future growth, justifying a reduced stock price. The potential for revenue improvement doesn't warrant a higher P/S ratio, limiting share price rise.

Analysts are showing a shift towards pessimism, evident from the downgrade of revenue and earnings per share estimates. Despite this, the company's expected growth outpaces the broader industry, though the reduced price target reflects analysts' concerns about its future valuation.