Despite negative earnings growth, the company still has a hi...

Moomoo AI Dec 21, 2023 19:56

Despite negative earnings growth, the company still has a high P/E ratio due to bullish investors. The trend of falling earnings and failure to meet market forecasts could threaten its high share price in current market conditions.

Innuovo Technology Co., Ltd.'s (SZSE:000795) Shares May Have Run Too Fast Too Soon

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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