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The high P/E ratio evident in the company seems to be due to...

The high P/E ratio evident in the company seems to be due to superior earnings predictions. Solid stock prices are supported by investors' belief in a minimal risk of earnings deterioration. The projected high growth rate may be fueling continued investor optimism and maintaining a high PE ratio.
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
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