Dashing Victory: Abnormal fluctuations in stock prices remind of various investment and trading risks.
Da Sheng Da announced that on April 15-16, the closing price of the company's stock has deviated by more than 20% for two consecutive trading days, which is considered abnormal volatility. The current stock price increase deviates significantly from the company's operating performance and industry situation. The closing price on April 16 was 19.84 yuan per share, with a turnover rate of 28.77%. Since March 16, the cumulative increase has reached 99.40%, with a trailing P/E ratio of 86.69, much higher than the industry average.
In addition, the company's purchase of assets and external investment matters still require approval from the shareholder's meeting. There are risks related to the investment in the target company, operational finances, cash flow, performance, and termination of transactions. Investors are reminded to pay attention to these risks.
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