MarketsMOJO Issues 'Sell' Call for Megri Soft Stock Amid Declining Cash Reserves and Debt Settlement Concerns
MarketsMojo has issued a 'Sell' recommendation for Megri Soft's stock, citing the company's decreasing cash reserves and slower debt settlement. Despite this, Megri Soft has reported a higher profit after tax in the nine month period, indicating potential for future growth. Investors should carefully evaluate these factors before investing.
Despite the mixed financial results, MarketsMOJO has given a 'Sell' call for Megri Soft's stock. This could be due to the company's declining cash reserves and slower pace of settling its debtors. However, Megri Soft has shown a higher profit after tax in the nine month period compared to the previous twelve months, indicating a potential for growth in the future. Investors should carefully consider these factors before making any investment decisions.
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