ET Net News Service, 21st - Beijing Machinery (00187) (Shanghai: 600860) announced that the closing price of its A-shares deviated by more than 20% cumulatively over two consecutive trading days last Friday (16th) and this Monday (19th). Yesterday, the stock closed again at the daily trading limit, with a cumulative increase of 33.1% over the past three trading days. The stock price has experienced significant short-term fluctuations, which may involve irrational speculation.
The group stated that from last Friday to yesterday, the cumulative turnover rate was 17.65%, and yesterday's turnover rate was 11.49%, significantly higher than the daily turnover rate. According to data released by CSI Index as of yesterday, the latest P/B ratio for its industry classification 'C35 Specialized Equipment Manufacturing' is 3.47, while the group's latest P/B ratio is 6.57, significantly higher than the industry average. (wh)
The group stated that from last Friday to yesterday, the cumulative turnover rate was 17.65%, and yesterday's turnover rate was 11.49%, significantly higher than the daily turnover rate. According to data released by CSI Index as of yesterday, the latest P/B ratio for its industry classification 'C35 Specialized Equipment Manufacturing' is 3.47, while the group's latest P/B ratio is 6.57, significantly higher than the industry average. (wh)
