With shrinking earnings and below market growth rates, it's ...
With shrinking earnings and below market growth rates, it's hard to justify the high P/E ratio. Absent swift medium-term improvements, shares might drop and with it the P/E ratio. Current soaring prices may be risky, posing potential threats 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.
Read more