Despite a recent price drop, Letong Chemical's P/S still sur...
Despite a recent price drop, Letong Chemical's P/S still surpasses the industry median. Slower revenue growth and a high P/S ratio suggest a risk of further share price decrease. Continuation of medium-term revenue trends could endanger shareholders' investments and potential investors might pay an excessive premium.
More Unpleasant Surprises Could Be In Store For Letong Chemical Co.,LTD's (SZSE:002319) Shares After Tumbling 31%
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
Comment
Sign in to post a comment