The company's low P/E ratio is due to its forecasted growth ...
The company's low P/E ratio is due to its forecasted growth being lower than the wider market. Shareholders accept this as they concede future earnings probably won't provide any pleasant surprises. It's hard to see the share price rising strongly in the near future under these circumstances.
Benign Growth For Xiamen Solex High-tech Industries Co., Ltd. (SHSE:603992) Underpins Stock's 26% Plummet
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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