Despite strong earnings growth, Chengdu Leejun Industrial's ...

Moomoo AI Feb 2, 2024 07:24

Despite strong earnings growth, Chengdu Leejun Industrial's P/E ratio is lower than most, suggesting investors expect limited growth rates to continue and are only willing to pay a reduced amount for the stock. If these trends persist, the share price is unlikely to rise significantly soon.

Why Investors Shouldn't Be Surprised By Chengdu Leejun Industrial Co., Ltd.'s (SZSE:002651) 27% Share Price Plunge

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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