Despite poor financials, the company's high P/E ratio indica...
Despite poor financials, the company's high P/E ratio indicates investor optimism. However, this could lead to disappointment if the ratio aligns with recent negative growth rates. The sustained high P/E ratio is concerning given the unlikely long-term support of such optimism.
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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