Zhejiang XCC Group announced that the company's stock closing price has deviated more than 20% for three consecutive trading days on December 11, December 12, and December 13, 2024, which constitutes an abnormal fluctuation in stock prices. From November 29 to December 13, 2024, the cumulative increase reached 113.17%, compared to the industry average increase of 8.01% and a 2.92% increase in the SSE Composite Index; the company's short-term increase significantly exceeds both the industry average and the SSE Composite Index, indicating a possible overheated market sentiment. The company's TTM PE is 114.27 times, higher than the industry average of 45.50 times. The company's stock has a relatively high Turnover Ratio, which may carry risks of irrational speculation. The company's revenue and Net income both declined in the first three quarters, posing a risk of annual performance falling short of expectations. The revenue from the company's screw products is very small and does not impact the company's performance. There are risks associated with overseas business progress not meeting expectations. The company reminds investors to pay attention to secondary market trading risks, make rational decisions, and invest prudently.
五洲新春:股票交易异常波动 提醒投资者注意风险
Zhejiang XCC Group: Abnormal fluctuations in stock trading remind investors to pay attention to risks.
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