Despite Sichuan New Energy Power's stock boost, its P/E rema...

Moomoo AI Mar 7, 2024 07:35

Despite Sichuan New Energy Power's stock boost, its P/E remains low due to an inferior earnings outlook. Investors believe the potential for earnings improvement doesn't justify a higher P/E ratio, limiting the likelihood of a strong share price rise soon.

Improved Earnings Required Before Sichuan New Energy Power Company Limited (SZSE:000155) Stock's 29% Jump Looks Justified

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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