FULONGMA GROUP's low P/E ratio is due to its forecast growth...
FULONGMA GROUP's low P/E ratio is due to its forecast growth being lower than the wider market. Investors believe the potential for an earnings improvement isn't significant enough to justify a higher P/E ratio, limiting the potential for a strong share price rise in the near future.
FULONGMA GROUP Co.,Ltd. (SHSE:603686) Not Doing Enough For Some Investors As Its Shares Slump 29%
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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