Despite LifeTech Scientific's share price drop, its high P/E...
Despite LifeTech Scientific's share price drop, its high P/E ratio suggests investors expect outperformance. However, its lower-than-market growth forecast could risk further price decline and a lower P/E ratio, potentially endangering shareholders' investments and causing potential investors to pay a high premium.
LifeTech Scientific Corporation (HKG:1302) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
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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