Capital Trade Links Receives 'Hold' Rating from MarketsMOJO Amid Positive Results and Bullish Trend

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 10 quarters, with a growth of 119.35% in PAT (HY) and 50.50% in NET SALES (9M).
Technically, the stock is in a bullish range and has shown improvement from being mildly bullish on 03-Oct-24. Multiple factors such as MACD, Bollinger Band, and OBV indicate a bullish trend for the stock.

However, there has been a decrease in promoter holding this quarter, with the current holding at 37.02% of the company.

Despite generating a return of 55.48% in the last year and outperforming BSE 500 in the last 3 annual periods, the stock has a weak long-term fundamental strength with an average ROE of 6.46%. Its current ROE of 25.1 also indicates a very expensive valuation with a price to book value of 7.8. This is higher than its average historical valuations.

Although the stock has shown strong profits in the past year, with a growth of 221.9%, its PEG ratio of 0.2 suggests that it may be trading at a premium.

Overall, while Capital Trade Links has shown positive results and a bullish trend, its weak long-term fundamental strength and expensive valuation may warrant a 'Hold' rating for now. Investors should keep an eye on the company's future performance before making any investment decisions.