The company's low growth and lack of profitability may be ca...
The company's low growth and lack of profitability may be causing its share price to drop. A revenue increase could revive the share price, but profitability is key. The company's poor performance over the past year concludes a bad run, with shareholders facing a 5% annual loss over five years. This long-term share price weakness could be a bad sign, but contrarian investors might see a potential turnaround.
Even After Rising 21% This Past Week, Shenzhen Refond OptoelectronicsLtd (SZSE:300241) Shareholders Are Still Down 37% Over the Past Three Years
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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