Despite declining earnings, the company's high P/E suggests ...

Moomoo AI Feb 11, 2024 08:25

Despite declining earnings, the company's high P/E suggests investor bullishness. However, without significant medium-term improvements, these prices seem unreasonable. Continuation of recent earnings trends may impact the share price.

Hunan Heshun Petroleum Co.,Ltd.'s (SHSE:603353) 36% Share Price Plunge Could Signal Some Risk

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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