Despite Jiamei's share price drop, its high P/E ratio may st...
Despite Jiamei's share price drop, its high P/E ratio may still signal bearish trends. The company's poor growth and high P/E ratio could disappoint shareholders if the P/E aligns with recent negative growth rates. The high P/E and shrinking medium-term earnings may not support positive sentiment for long.
Some Jiamei Food Packaging (Chuzhou) Co.,Ltd (SZSE:002969) Shareholders Look For Exit As Shares Take 30% 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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