Investors' hope for a business turnaround despite poor growt...
Investors' hope for a business turnaround despite poor growth and high P/E ratio may lead to disappointment if P/E falls in line with negative growth rates. Current prices seem unreasonable given high P/E and declining earnings unless medium-term conditions significantly improve.
Xiamen Sunrise Group Co., Ltd. (SZSE:002593) May Have Run Too Fast Too Soon With Recent 30% 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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