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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.
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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