The low P/E ratio can be attributed to bearish investor sent...

Moomoo AI Dec 21, 2023 20:02

The low P/E ratio can be attributed to bearish investor sentiment based on the company's weaker forecasted growth compared to the market. As long as these conditions persist, they will form a hindrance to the appreciation of the share price.

Qingdao Gaoce Technology Co., Ltd's (SHSE:688556) 27% Dip In Price Shows Sentiment Is Matching 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. Read more

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