Despite Jiuzhitang's recent earnings drop, its P/E ratio ali...
Despite Jiuzhitang's recent earnings drop, its P/E ratio aligns with the market, indicating investors' continued support. However, the share price may face further decline due to weaker market growth and earnings decline. The current P/E ratio may not be justified unless medium-term conditions improve.
Jiuzhitang Co., Ltd.'s (SZSE:000989) 26% 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.
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