Low P/E ratio can suggest expected poor growth or a slump in...
Low P/E ratio can suggest expected poor growth or a slump in earnings. The company's profitability needs to improve, otherwise shareholders could face disappointment. The potential for earnings improvement seems insubstantial for a higher P/E.
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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