The stock's high PE ratio indicates a potential future price...
The stock's high PE ratio indicates a potential future price drop. The optimistic growth outlook seems to be reflected in the current share price, which is trading above industry multiples. The stock may not be a good buy now as its price has outpaced its industry peers.
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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