Although earnings may slump, the firm's P/E ratio aligns wit...
Although earnings may slump, the firm's P/E ratio aligns with most companies. Investors disregard analysts' gloom, holding onto shares. Declining earnings might, however, hinder the share price, rendering the current P/E unsustainable.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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