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Triductor Technology's high P/E ratio is due to investors' a...
Triductor Technology's high P/E ratio is due to investors' anticipation of robust future growth, despite recent earnings drop. The possibility of earnings worsening isn't seen as enough to warrant a lower P/E ratio, thus a significant share price drop is unlikely soon.
Triductor Technology (Suzhou) Inc.'s (SHSE:688259) 28% Jump Shows Its Popularity With Investors
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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