Despite a high P/E ratio, investors hold onto shares, likely...
Despite a high P/E ratio, investors hold onto shares, likely expecting the company to continue defying market adversity. However, earnings growth may eventually weigh down the share price, suggesting a risk of decline and a potential lowering of the high P/E ratio.
What ChengDu ShengNuo Biotec Co.,Ltd.'s (SHSE:688117) 30% Share Price Gain Is Not Telling You
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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