Artson Engineering's Q4 financial results show mixed performance, with concerns in net sales and interest cost.

Artson Engineering, a microcap company in the capital goods industry, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

Despite a decrease in its overall score from 9 to 6 in the last 3 months, Artson Engineering has shown positive financial performance in the quarter. Its Profit After Tax (PAT) for the half-yearly period has grown by 115.15% year on year, indicating a strong upward trend. Additionally, the company has already surpassed its PAT for the previous 12 months in just half a year.

However, there are some areas of concern for Artson Engineering. Its net sales for the quarter have fallen by 24.9% compared to the average of the previous four quarters, indicating a negative trend in the near term. This is also the lowest net sales the company has seen in the last five quarters. Furthermore, its interest cost has increased by 15.35% quarter on quarter, which could be a result of increased borrowings.

Overall, Artson Engineering has shown a mixed financial performance in the quarter ending March 2024. Investors should carefully consider all factors before making any decisions regarding the company's stock.