Investors appear to be comfortable with AvidXchange's high P...

Moomoo AI Nov 28, 2023 06:20

Investors appear to be comfortable with AvidXchange's high P/S ratio due to the expected robust future growth. Strong revenue forecasts are expected to support the stock price unless there is a significant discrepancy in analysts' predictions.

The Price Is Right For AvidXchange Holdings, Inc. (NASDAQ:AVDX)

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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