Jiangsu Luokai Mechanical & Electrical's low P/E ratio is du...
Jiangsu Luokai Mechanical & Electrical's low P/E ratio is due to its three-year earnings trends falling short of market expectations. Investors anticipate no pleasant surprises in future earnings, forming a barrier for the share price.
Jiangsu Luokai Mechanical &Electrical Co., Ltd.'s (SHSE:603829) Shares Bounce 26% But Its Business Still Trails 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.
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