Capital Trade Links Receives 'Hold' Rating from MarketsMOJO After Consistent Positive Results

Capital Trade Links, a microcap finance company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes as the company has consistently shown positive results for the past 9 quarters, with a growth of 106.15% in net sales and a higher PAT of Rs 8.35 crore in the last 9 months.
Technically, the stock is in a bullish range and has shown improvement from a mildly bullish trend on 05-Jul-24. This is supported by factors such as MACD, Bollinger Band, and OBV. Additionally, the majority shareholders of the company are non-institutional investors, indicating a strong interest in the stock.

Capital Trade Links has also delivered consistent returns over the last 3 years, outperforming the BSE 500 index. However, the company's long-term fundamental strength is weak, with an average ROE of 6.46%. Its current valuation is also considered expensive, with a price to book value of 8.1, which is higher than its historical average.

Despite the stock's impressive return of 192.12% in the last year, its profits have only risen by 288%, resulting in a low PEG ratio of 0.1. This suggests that the stock may be trading at a premium compared to its historical valuations.

Overall, while Capital Trade Links has shown strong performance in the past, investors should carefully consider the company's fundamentals and valuation before making any investment decisions. The 'Hold' rating from MarketsMOJO reflects a neutral stance on the stock, with no recommendation for or against investing in it.