The company's low growth rate and profitability may have led...
The company's low growth rate and profitability may have led to its share price loss. Stronger future revenue growth is needed to attract interest. Last year's performance, worse than the annualised loss of 11% over the last half decade, suggests ongoing challenges. Long term share price weakness could be a bad sign, but contrarian investors might see a potential turnaround.
IDreamSky Technology Holdings (HKG:1119 Shareholders Incur Further Losses as Stock Declines 12% This Week, Taking Five-year Losses to 65%
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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