Despite Lingyi iTech (Guangdong)'s recent stock boost, its l...

Moomoo AI Mar 7, 2024 08:30

Despite Lingyi iTech (Guangdong)'s recent stock boost, its low P/E ratio due to lower forecast growth may limit potential share price rise as investors question if earnings improvement justifies a higher P/E ratio.

Lingyi ITech (Guangdong) Company (SZSE:002600) Surges 27% Yet Its Low P/E Is No Reason For Excitement

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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