Despite SiTime's significant price drop, its P/S still surpa...
Despite SiTime's significant price drop, its P/S still surpasses the industry median. Its revenues are expected to grow at par with the industry, indicating a higher than anticipated P/S. The high share price and projected revenues may not sustain the positive sentiment, risking shareholders' investments and potential investors paying an unnecessary premium.
SiTime Corporation's (NASDAQ:SITM) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
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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