Dalian BIO-CHEM's low P/E ratio is due to its three-year gro...

Moomoo AI Mar 9, 2024 07:02

Dalian BIO-CHEM's low P/E ratio is due to its three-year growth being lower than market forecast. Investors think the potential for earnings improvement doesn't justify a higher P/E ratio. Unless medium-term conditions improve, they will continue to form a barrier for the share price.

Dalian BIO-CHEM Company Limited's (SHSE:603360) Share Price Boosted 42% But Its Business Prospects Need A Lift Too

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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