Despite a revenue dip, the firm's high P/S ratio indicates i...
Despite a revenue dip, the firm's high P/S ratio indicates investor optimism for outperformance. Strong revenue growth over the past years, despite setbacks, backs this high P/S ratio. Investors' confidence in future revenue seems to bolster the share price.
Grand Ocean Advanced Resources Company Limited's (HKG:65) 73% Jump Shows Its Popularity With Investors
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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