Tag: Persists
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Paranovus Entertainment: Appealing Valuation Amid 94% Decline, Yet Caution Persists
The Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) share price has fared very poorly over the last month, falling by a substantial 94%. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 96% loss during that time. Following the heavy fall in price, Paranovus Entertainment Technology’s price-to-sales (or “P/S”) ratio of…