The stock seems overpriced per the price multiple model. Wit...

Moomoo AI Feb 11, 2024 09:20

The stock seems overpriced per the price multiple model. With a high beta, the price could drop, offering a future buying opportunity. The current price appears to reflect the company's hopeful future growth, trading above industry multiples. Now might not be the ideal time to invest as the price has exceeded its industry peers.

Should You Investigate AAC Technologies Holdings Inc. (HKG:2018) At HK$17.76?

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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