Despite strong earnings growth, Chengdu Leejun Industrial's ...
Despite strong earnings growth, Chengdu Leejun Industrial's P/E ratio is lower than most, suggesting investors expect limited growth rates to continue and are only willing to pay a reduced amount for the stock. If these trends persist, the share price is unlikely to rise significantly soon.
Why Investors Shouldn't Be Surprised By Chengdu Leejun Industrial Co., Ltd.'s (SZSE:002651) 27% Share Price Plunge
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment