High P/S ratio may reflect expectations of the company outpe...
High P/S ratio may reflect expectations of the company outperforming the industry. However, with its recent poor growth and the industry's predicted 17% growth, these prices may not be sustainable. Unless conditions improve significantly, investors may find the share price unfair.
Shandong Xinneng Taishan Power Generation Co.,Ltd. (SZSE:000720) Shares May Have Slumped 29% 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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