High P/S ratio may be due to expectations of company's reven...
High P/S ratio may be due to expectations of company's revenue growth outperforming the industry. However, with recent medium-term revenue decline, these prices may not be sustainable. Current share price may be hard to accept as fair value unless conditions improve significantly.
Nanjing Yueboo Power System Co., Ltd. (SZSE:300742) Shares May Have Slumped 44% But Getting In Cheap Is Still Unlikely
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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