The first delisted stock in the Year of the Dragon is hereThe company was delisted because its share price was below $1.
ST Eddie, known as the first stock of jewelry, is mainly engaged in the design and processing of jewelry products and brand joining. However, this company was decided to terminate the listing by the Shenzhen Stock Exchange because the daily ** price was lower than 1 yuan for 20 consecutive trading days, which touched the situation of ** termination of listing, and will be delisted on March 4, 2024. This means that the share price of *ST Eddie has fallen irretrievably. In fact, *ST Eddie's share price is already at a low level. According to the valuation analysis of **Star, the profitability of *ST Eddie is poor, and the future revenue growth is also poor. This means that the company's outlook is not promising. In addition, from the perspective of various dimensions of fundamentals, the share price of *ST Eddie is also on the high side. This has left investors with little confidence in the company. *ST Eddie's delisting is also a wake-up call for investors. This reminds us that when investing**, we must choose carefully and avoid investment risks.
The delisting of ST Eddie once again reminds us that investment is risky and we need to be cautious when entering the market. Follow bloggers for more financial information!