C.E. Info System Receives 'Sell' Call from MarketsMOJO After Negative Q3 Results

C.E. Info System, a midcap IT software company, has recently declared its financial results for the quarter ending September 2024. The company has received a 'Sell' call from MarketsMOJO based on its negative financial performance in the quarter.

According to the financials, C.E. Info System has seen a decline in its score from 11 to -6 in the last 3 months. However, there are some positive aspects to the company's performance. The net sales for the nine-month period have grown by 23.36% year on year, indicating a positive sales trend in the near term.

On the other hand, the company's profit before tax (PBT) and profit after tax (PAT) have both fallen by -10.9% and -11.8% respectively, compared to the average of the previous four quarters. This shows a very negative trend in the near term for PBT and PAT. Additionally, the operating profit margin for the quarter is at its lowest in the last five quarters, indicating a decline in the company's efficiency.

Furthermore, the earnings per share (EPS) for the quarter is also at its lowest in the last five quarters, reflecting a decline in profitability and lower earnings for shareholders. The debtors turnover ratio for the half-yearly period is also at its lowest in the last five periods, indicating a slower pace in settling the company's debtors.

Overall, C.E. Info System's financial performance for the quarter ending September 2024 has been negative, leading to a 'Sell' call from MarketsMOJO. Investors should carefully consider these factors before making any investment decisions.