If a stock's annual earnings per share are 30 cents, then is the stock price will never rise?

The price of the stock is volatile, some traditional industry performance is stable, nothing new profit growth point, but not the stock will never go up, the key to look at your buy point, and then good stocks you buy in the high point will fall, you said that type of stock as long as it is to buy in its valuation of the low point, the same can be profitable. After the dividend, the stock price will be ex-rights. As long as the performance is stable, the stock price will return to its value point.