Stock Track | YOFC Stock Plummets 12.71% on Wednesday Intraday, Potential Overvaluation Concerns
Shares of Yangtze Optical Fibre and Cable Joint Stock Limited Company plunged 12.71% on Wednesday's intraday trading session under the stock code 6869. The steep sell-off came amidst concerns over potential overvaluation of the company's stock based on a discounted cash flow analysis.According to the DCF valuation model, YOFC's estimated fair value stands at HK$22.54, which is around 23% higher than its current share price of HK$17.46. The analysis considers various assumptions, including the
