The company's high P/E ratio is unjustified due to its recen...
The company's high P/E ratio is unjustified due to its recent poor growth. Investors may hope for a business turnaround, but there's a risk of disappointment if the P/E aligns with the negative growth rates. Current earnings performance may not sustain positive sentiment, making these prices seem unreasonable.
Tongxing Environmental Protection Technology Co.,Ltd's (SZSE:003027) 28% Price Boost Is Out Of Tune With Earnings
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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