Despite Wenye Group Holdings' declining revenues, its P/S ra...
Despite Wenye Group Holdings' declining revenues, its P/S ratio aligns with the industry, suggesting investors anticipate a business turnaround. However, without significant performance improvement, the current share price may seem overvalued. The falling revenue amidst growing industry forecasts could hint at a future share price drop.
Wenye Group Holdings Limited's (HKG:1802) 44% Share Price Plunge Could Signal Some Risk
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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