The company's high P/E ratio is justified by its forecasted ...
The company's high P/E ratio is justified by its forecasted growth, surpassing the wider market. Investors see the risk of earnings deterioration as insignificant, hence the share price is unlikely to drop significantly soon.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000001898a08f88208a.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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