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Tongling Jingda Special Magnet Wire's shares may be rising, ...
Tongling Jingda Special Magnet Wire's shares may be rising, but its P/E ratio remains low due to investors' expectations of limited growth and reluctance to pay a premium. The company's poor earnings outlook is contributing to this low ratio.
Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577) Surges 35% Yet Its Low P/E Is No Reason For Excitement
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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