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Enact Holdings' low P/E ratio is due to predicted earnings d...
Enact Holdings' low P/E ratio is due to predicted earnings drop. Shareholders accept this, acknowledging future earnings may not be positive. The share price is unlikely to rise significantly soon. The P/E could fall further if profitability doesn't improve.
Enact Holdings, Inc.'s (NASDAQ:ACT) Business And Shares Still Trailing The Market
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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