Ingevity's earnings are contracting and expected to fall mor...
Ingevity's earnings are contracting and expected to fall more, explaining its low P/E ratio. There's potential for lower P/E if profitability doesn't improve, making a significant share price rise hard to foresee.
Ingevity Corporation's (NYSE:NGVT) Shares Lagging The Market But So Is The Business
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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