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Does the company loan have anything to do with the stock price?
The high loan ratio shows that the company has tight cash flow and heavy financial expenses, which will be abandoned by many people in the investment market and the natural price will not go up. Unless there is inside information, this stock will only go up.

On the other hand, a low loan ratio means that the company has no good projects, and there are many idle funds, and the outside world will have doubts about the company's management ability.