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Despite declining earnings, the company's high P/E ratio ind...
Despite declining earnings, the company's high P/E ratio indicates investor optimism. However, considering recent earnings trends and projected market growth, this optimism may not be sustainable. The high P/E ratio and declining earnings make current stock prices seem unreasonable.
Risks Still Elevated At These Prices As Yuhuan CNC Machine Tool Co.,Ltd. (SZSE:002903) Shares Dive 27%
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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