$AXT Inc (AXTI.US)$In the March 2022 analysis, due to the la...
$AXT Inc(AXTI.US$In the March 2022 analysis, due to the lack of discounts in the valuation, the stock price has fallen 33% so far.
Net profit turned into loss in 2023, but the price-earnings ratio still reached 11.4 even when calculated at the 2022 high, ruling out excessive valuations.
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