Investors hope for a business turnaround despite poor growth...

Moomoo AI Feb 3, 2024 08:30

Investors hope for a business turnaround despite poor growth. Yet, if earnings trends persist, it could negatively impact share price. The current P/E ratio may not be sustainable if earnings continue to shrink.

Nanjing Xinlian Electronics Co., Ltd (SZSE:002546) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely

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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