MarketsMOJO gives 'Sell' call for Advance Lifes. stock despite mixed financial results

Feb 13 2024 06:35 PM IST
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MarketsMojo has issued a 'Sell' call for Advance Lifes. stock due to a decline in its score over the past three months. While the company has shown a higher profit after tax in the nine month period, its cash and cash equivalents have decreased and debtors turnover ratio has slowed down. Investors should carefully evaluate these financials before investing.

Despite the mixed financial results, MarketsMOJO has given a 'Sell' call for Advance Lifes. stock. This microcap textile company has seen a decline in its score over the past three months, indicating a flat performance. However, there are some positive aspects to note, such as a higher profit after tax in the nine month period compared to the previous twelve months. On the other hand, the company's cash and cash equivalents have decreased and its debtors turnover ratio has slowed down. These factors may have contributed to the 'Sell' call by MarketsMOJO. Investors should carefully consider these financials before making any decisions regarding Advance Lifes. stock.
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