Shanghai Lianming Machinery's P/E is below market median due...

Moomoo AI Mar 18, 2024 09:06

Shanghai Lianming Machinery's P/E is below market median due to lower growth rates. Investors accept low P/E, anticipating no future earnings surprises. Unless medium-term conditions improve, they'll form a share price barrier.

Shanghai Lianming Machinery Co., Ltd. (SHSE:603006) Stock Catapults 34% Though Its Price And Business Still Lag 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. Read more

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