The high P/E ratio may be due to investors' expectations of ...
The high P/E ratio may be due to investors' expectations of a turnaround in the company's business prospects. However, if the declining earnings trend continues, it could significantly impact the share price and pose a risk to investors.
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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