Despite the stock price surge, low P/S ratio could be due to...
Despite the stock price surge, low P/S ratio could be due to shrinking revenue and limited growth expectations. With industry's expected growth of 44% next year, continuous revenue downfall could drag down shares and influence investors' sentiment, leading to potential disappointments.
There's No Escaping Suzhou Keda Technology Co.,Ltd's (SHSE:603660) Muted Revenues Despite A 34% Share Price Rise
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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