Despite lower earnings, the company's high P/E ratio indicat...

Moomoo AI Feb 1, 2024 07:37

Despite lower earnings, the company's high P/E ratio indicates investor optimism for future outperformance. However, due to recent poor growth, these prices may not be sustainable, risking further share price decline.

Risks Still Elevated At These Prices As Shenzhen Chengtian Weiye Technology Co., Ltd. (SZSE:300689) Shares Dive 27%

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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