Despite a rise in share price, Hangzhou Raycloud Technology's high P/S ratio may not be justified due to recent revenue declines and average growth expectations. The current high share price may not be sustainable without a positive change in revenue growth.

Hangzhou Raycloud Technology's high P/S ratio may not be justified due to mediocre revenue forecasts. Investors may face disappointment if the P/S falls in line with growth outlook. Future revenues may not sustain positive sentiment, risking shareholders' investments and potential investors paying excessive premium.