Decreasing ROCE and reinvestment without clear returns are l...

Moomoo AI Dec 7, 2023 16:29

Decreasing ROCE and reinvestment without clear returns are likely driving the stock's 12% drop. Present trends aren't encouraging, suggesting superior investment opportunities elsewhere.

Investors Could Be Concerned With Ningbo Ocean Shipping's (SHSE:601022) Returns On Capital

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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