Ronglian Group's low P/S ratio may be due to its falling rev...
Ronglian Group's low P/S ratio may be due to its falling revenue. Without top-line growth improvement, the P/S could drop further, possibly disappointing shareholders. Significant share price movement seems unlikely considering current circumstances and recent medium-term revenue trends.
Ronglian Group Ltd. (SZSE:002642) Surges 42% Yet Its Low P/S Is No Reason For Excitement
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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