Despite SUFA Technology Industry CNNC's stock boost, its low...

Moomoo AI Mar 22, 2024 08:12

Despite SUFA Technology Industry CNNC's stock boost, its low P/E is due to forecast growth being lower than the market. Investors believe the potential for earnings improvement doesn't justify a higher P/E ratio, limiting the share price's potential rise.

SUFA Technology Industry Co., Ltd., CNNC (SZSE:000777) Stock Catapults 28% Though Its Price And Business Still Lag The Market

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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