Despite poor growth, the company's P/S ratio aligns with the...
Despite poor growth, the company's P/S ratio aligns with the Semiconductor industry. Investors hope for a business turnaround, but risk disappointment if P/S falls in line with negative growth rates. Given industry growth forecasts and recent revenue decline, a share price drop could be imminent.
Shenzhen Baoming Technology Co.,Ltd. (SZSE:002992) Shares May Have Slumped 43% But Getting In Cheap Is Still Unlikely
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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