Despite negative revenue trends, high P/S ratio implies stro...
Despite negative revenue trends, high P/S ratio implies strong investor optimism; this could mean future disappointment if P/S aligns with negative growth rates. Underperforming revenue trends could decrease share price, risking shareholders' investments due to excessive premium.
Sincere Watch (Hong Kong) Limited's (HKG:444) 26% Share Price Plunge Could Signal Some Risk
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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