Despite poor earnings, the P/E ratio remains high, indicatin...
Despite poor earnings, the P/E ratio remains high, indicating investor expectations of a company turnaround. If earnings trends persist, the share price may drop further, making the current P/E ratio unsustainable.
Some Confidence Is Lacking In Royal Deluxe Holdings Limited (HKG:3789) As Shares Slide 29%
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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