DermTech's low P/S ratio is likely due to limited future gro...
DermTech's low P/S ratio is likely due to limited future growth expectations. Poor revenue performance and a lower-than-industry growth forecast have reduced investor willingness to pay more for the stock. A significant change in fortune is needed for a higher P/S ratio.
DermTech, Inc. (NASDAQ:DMTK) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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