Despite sluggish earnings, the company's high P/E ratio may ...
Despite sluggish earnings, the company's high P/E ratio may suggest market optimism for a potential comeback and superior future profits. Investors see little chance of earnings downgrade to justify a lower P/E ratio, anticipating stable share prices in the near term.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000002716c59fefaad0.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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