The company's low P/S ratio may indicate anticipated revenue...
The company's low P/S ratio may indicate anticipated revenue decline. The recent stock price surge and modest P/S ratio could reflect investor sentiment and future expectations. However, with shrinking revenue and projected industry growth, significant share price movement seems unlikely if recent revenue trends persist.
Ningxia Yinglite Chemicals Co., Ltd (SZSE:000635) Shares Fly 26% But Investors Aren't Buying For Growth
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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