Despite strong revenue growth at Cenntro Electric Group, inv...

Moomoo AI Dec 13, 2023 05:12

Despite strong revenue growth at Cenntro Electric Group, investors harbour significant doubts regarding its future performance, hence its lower P/S ratio. This downward pressure is driven by anticipated risks to profitability and potential revenue instability.

Market Cool On Cenntro Electric Group Limited's (NASDAQ:CENN) Revenues Pushing Shares 35% Lower

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

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