The company's low P/S ratio may be due to anticipated declin...
The company's low P/S ratio may be due to anticipated decline in strong revenue performance. Its recent medium-term annualised revenue results are weaker than industry average, possibly explaining its lower P/S ratio. If trends persist, share price recovery seems unlikely.
The Market Doesn't Like What It Sees From Changyou Alliance Group Limited's (HKG:1039) Revenues Yet As Shares Tumble 27%
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
Comment
Sign in to post a comment