Despite declining earnings, the high P/E ratio indicates inv...
Despite declining earnings, the high P/E ratio indicates investors' expectations of a business turnaround. However, continued poor earnings trends could lead to a share price drop, posing a risk to shareholders and potential investors.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000199ec990cc001a.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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