Shandong Hi-speed's low P/E ratio is due to market participa...
Shandong Hi-speed's low P/E ratio is due to market participants' belief in limited future growth, thus they're only willing to pay a reduced amount for the stock. Unless these conditions improve, they will restrain the share price around these levels.
Shandong Hi-speed Company Limited's (SHSE:600350) Low P/E No Reason For Excitement
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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