Despite poor growth, the company trades at a high P/E. Inves...
Despite poor growth, the company trades at a high P/E. Investors' hope for a turnaround may lead to disappointment if P/E aligns with negative growth. High P/E and shrinking earnings indicate share price risk.
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