Despite declining earnings, the company's high P/E ratio ind...
Despite declining earnings, the company's high P/E ratio indicates investor optimism. However, if the P/E aligns with recent negative growth rates, shareholders may face disappointment. The high P/E and underperformance against market forecasts could risk a share price decline.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000154c4d38a889de.jpg)
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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