Investors' expectations of strong future growth and superior...
Investors' expectations of strong future growth and superior market performance likely caused the high P/E ratio. The recent momentum in the company's shares has inflated its P/E. Investors are comfortable with the high P/E due to confidence in the company's future earnings.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000001638597b2a6ec7.jpg)
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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