Medifast's low P/E ratio is likely due to market anticipatio...
Medifast's low P/E ratio is likely due to market anticipation of continued poor earnings. The weak earnings outlook is pressuring the stock price downwards. Without improvement, the low P/E ratio and stock price may not rise.
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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Jaymonie : 4.46 pe and they are still doing 1BILllion on revenue