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1 Comment
Fortunet e-Commerce Group Limited is currently in a long term downtrend where the price is trading 21.8% below its 200 day moving average.
From a valuation standpoint, the stock is 29.5% cheaper than other stocks from the sector with a price to sales ratio of 2.1.
Based on the above factors, Fortunet e-Commerce Group Limited gets an overall score of 1/5.
| Sector | |
|---|---|
| Industry | |
| CurrencyCode | EUR |
| ISIN | None |
| Exchange | F |
| PE Ratio | None |
|---|---|
| Target Price | None |
| Market Cap | 41M |
| Dividend Yield | 0.0% |
| Beta | nan |
Fortunet e-Commerce Group Limited, an investment holding company, engages in the electronic commerce business through cross-border business-to-business in the People?s Republic of China. The company primarily offers affordable luxury, nursery, cosmetics, and health through its cross-border business-to-business electronic distribution platforms and mobile applications sourcing, importing, and channeling authentic goods from international suppliers and then distributing and reselling such goods to domestic retailers and consumers in the People?s Republic of China and other general trading businesses. It also manufactures and sells axle and related components for medium and heavy duty truck manufacturers and after-sales services market, as well as original equipment manufacturers. The company was formerly known as Changfeng Axle (China) Company Limited and changed its name to Fortunet e-Commerce Group Limited in June 2015. Fortunet e-Commerce Group Limited was founded in 2001 and is based in Wanchai, Hong Kong. Fortunet e-Commerce Group Limited is a subsidiary of Century Investment (Holding) Limited.
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