The company's lower P/E ratio is due to its predicted growth...
The company's lower P/E ratio is due to its predicted growth being less than the broader market. Investors think the potential for earnings improvement isn't substantial enough to warrant a higher P/E ratio, possibly restricting share price growth soon.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more