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603650 Red Avenue New Materials Group

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29.22
-0.23-0.78%

Market Closed Apr 26 15:00 CST

17.53BMarket Cap43.10P/E (TTM)

Red Avenue New Materials Group Stock Forum

Moomoo AI

Mar 4 10:07

Analysts express concern over Red Avenue New Materials Group's high P/E ratio and lower than market growth forecast. They believe the current earnings growth could negatively impact the share price, reflecting investor sentiment and future expectations.

Red Avenue New Materials Group Co., Ltd.'s (SHSE:603650) 25% Price Boost Is Out Of Tune With Earnings

Moomoo AI

Jan 17 07:22

Red Avenue New Materials Group's high P/E ratio is concerning given its lower forecast growth. Current prices may seem unreasonable as future earnings may not support such positivity. Investors are warned of potential disappointment if P/E aligns with growth outlook.

Red Avenue New Materials Group Co., Ltd. (SHSE:603650) Investors Are Less Pessimistic Than Expected

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