The company's low P/S ratio may be due to investors anticipa...

Moomoo AI Dec 19, 2023 04:58

The company's low P/S ratio may be due to investors anticipating a weak future revenue outlook. Shareholders' pessimism about revenue prospects also contributes to this low ratio.

Investors Don't See Light At End Of Nabors Industries Ltd.'s (NYSE:NBR) Tunnel

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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