Novoray's high P/E ratio is concerning despite positive earn...
Novoray's high P/E ratio is concerning despite positive earnings growth, as it forecasts lower growth than the broader market. This, coupled with a weak earnings outlook, suggests a potential share price decline, posing significant risk to shareholders.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000199ec990cc001a.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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