Chartered Capital & Investment Receives 'Hold' Rating After Consistent Positive Results

Chartered Capital & Investment, a microcap finance company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes after the company has consistently shown positive results for the past four quarters. In fact, their profits have grown at an impressive rate of 823.53% in the last year.
The stock is currently in a bullish range and has shown improvement in its technical trend. Multiple factors such as MACD, Bollinger Band, KST, DOW, and OBV are all indicating a bullish trend for the stock.

One of the major reasons for the 'Hold' rating is the company's attractive valuation. With a price to book value of 0.6 and a return on equity of 3.8, the stock is currently trading at a discount compared to its historical valuations. Additionally, in the past year, the stock has generated a return of 100.45%, while its profits have risen by a staggering 544%. This has resulted in a PEG ratio of 0, indicating a potential undervaluation of the stock.

It is worth noting that the majority shareholders of Chartered Capital & Investment are the promoters themselves, which can be seen as a positive sign for the company's future growth.

However, the stock does have some weak long-term fundamental strength, with an average return on equity of 0.67%. The company's net sales have also grown at a slow rate of 46.94% and its operating profit has been negative at -18.03%.

Overall, while Chartered Capital & Investment has shown strong performance in the past year, it is important to consider its long-term growth potential before making any investment decisions. With a 'Hold' rating from MarketsMOJO, investors may want to keep an eye on this microcap finance company for any future developments.