Paylocity Holding's high P/E ratio is backed by robust earni...
Paylocity Holding's high P/E ratio is backed by robust earnings growth and market expectations of continued outperformance. Shareholders' confidence in future earnings and reluctance to sell bolsters the share price.
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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