The high P/E ratio is alarming considering the company's rec...
The high P/E ratio is alarming considering the company's recent medium-term earnings drop. Despite this, many investors retain their stock. However, if conditions don't improve, the share price may further decline. Current prices may not be sustainable given recent earnings trends.
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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