Persistent negative trends at Ninebot, including a declining...

Moomoo AI Nov 4, 2023 19:52

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.

Investors Could Be Concerned With Ninebot's (SHSE:689009) Returns On Capital

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

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