The China Nuclear Energy Technology (HKG:611) Share Price Is

The China Nuclear Energy Technology (HKG:611) Share Price Is Up 126% And Shareholders Are Boasting About It


Hong Kong
SEHK:611
The China Nuclear Energy Technology (HKG:611) Share Price Is Up 126% And Shareholders Are Boasting About It
By
February 10, 2021
China Nuclear Energy Technology Corporation Limited (HKG:611) shareholders might be concerned after seeing the share price drop 10% in the last month. Despite this, the stock is a strong performer over the last year, no doubt about that. Indeed, the share price is up an impressive 126% in that time. So we think most shareholders won't be too upset about the recent fall. Only time will tell if there is still too much optimism currently reflected in the share price.
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

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