Investors' belief in the company's strong revenue growth out...
Investors' belief in the company's strong revenue growth outperforming the industry may explain the high P/S ratio. Shareholders are confident in the company's revenue, supporting the share price, provided the company's profitability doesn't significantly change.
Pan Asia Environmental Protection Group Limited's (HKG:556) 33% Jump Shows Its Popularity With Investors
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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