Despite Ashland's recent earnings drop, its high P/E ratio p...

Moomoo AI Jan 17, 2024 22:39

Despite Ashland's recent earnings drop, its high P/E ratio persists due to forecasted growth surpassing the broader market. Investors appear to dismiss the potential for earnings deterioration as insignificant, bolstering the share price.

Getting In Cheap On Ashland Inc. (NYSE:ASH) Might Be Difficult

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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