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Despite poor growth, the company's P/E ratio matches the mar...

Despite poor growth, the company's P/E ratio matches the market, indicating investor hope for a business turnaround. If medium-term earnings trends persist, share price may drop further. The high P/E ratio, given recent earnings decline, risks shareholder investments and potential investors may pay an unnecessary premium.
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
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