Despite Tanac Automation's significant price drop, its P/S r...
Despite Tanac Automation's significant price drop, its P/S ratio still exceeds the industry median. The high P/S ratio and poor growth rate indicate investors' hope for a business turnaround. However, unless the recent medium-term revenue decline improves, shareholders may face a tough period.
Some Confidence Is Lacking In Tanac Automation Co., Ltd. (SZSE:300461) As Shares Slide 33%
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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