Despite a high P/E ratio, shareholders hold on, banking on the company's bright future. The high ratio is backed by the company's projected growth surpassing the broader market. Share price isn't expected to drop significantly soon.
Ninebot's high stock price, backed by its potential strong future growth, balances its inconsistent earnings. Much of the buoyant investor sentiment and strong future expectations mitigates the possibility of an earnings dip.
Ninebot's stock seems costly in comparison to its peers, with an optimistic future growth outlook possibly factored in. It might not be the best moment for potential investors to buy.
Persistent negative trends at Ninebot, including a declining ROCE and stagnant sales growth, may have driven its stock to plummet 51% over the last three years. Better investment opportunities might exist elsewhere.
Ninebot Limited Stock Forum
$Ninebot Limited (689009.SH)$
$Niu Technologies (NIU.US)$ $Ninebot Limited (689009.SH)$ $Aima Technology Group (603529.SH)$ $YADEA (01585.HK)$
No comment yet