Despite poor earnings, the company's high P/E ratio indicate...
Despite poor earnings, the company's high P/E ratio indicates investor optimism for a business turnaround. However, if the P/E ratio aligns with recent negative growth rates, shareholders may be disappointed. The high P/E ratio is concerning given the company's medium-term earnings performance.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more