China High Precision Automation Group's high P/S despite mod...

Moomoo AI Oct 29, 2023 19:28

China High Precision Automation Group's high P/S despite modest revenue growth matching industry standard raises concerns. It suggests investors might be overpaying for the stock — a risk to shareholders and future investors if revenues don't improve.

More Unpleasant Surprises Could Be In Store For China High Precision Automation Group Limited's (HKG:591) Shares After Tumbling 28%

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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