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Despite Great-Sun Foods' poor growth, it trades at a high P/...
Despite Great-Sun Foods' poor growth, it trades at a high P/E. Investors overlook this, hoping for a business turnaround. However, this could lead to disappointment if the P/E aligns with the negative growth rates. The high P/E is uncomfortable given the recent earnings decline.
Some Great-Sun Foods Co., Ltd. (SHSE:603336) Shareholders Look For Exit As Shares Take 27% Pounding
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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