Control Print downgraded to 'Hold' rating by MarketsMOJO due to high valuation and decrease in institutional investors

Control Print ., a smallcap company in the miscellaneous industry, has recently been downgraded to a 'Hold' rating by MarketsMOJO on February 1, 2024. This decision was based on various factors, including the company's low Debt to Equity ratio, positive results for the last 12 consecutive quarters, and strong financial indicators such as ROCE and inventory turnover ratio.
Despite being in a mildly bullish range, the stock has shown consistent returns over the last 3 years and has outperformed BSE 500 in each of the last 3 annual periods. However, the company's long-term growth has been poor, with net sales and operating profit growing at an annual rate of 15.55% and 17.19%, respectively, over the last 5 years.

The stock is currently trading at a premium compared to its historical valuations, with a price to book value of 5.2 and a PEG ratio of 1.3. This indicates a very expensive valuation for the company. Additionally, institutional investors have decreased their stake in the company by -2.04% over the previous quarter, which could be a cause for concern for retail investors.

It is important to note that this is not a recommendation to buy or sell the stock, as MarketsMOJO does not consider future potential or investor interest in their ratings. Instead, they use a fact-based style to analyze the company's financial performance. As always, it is advisable for investors to conduct their own research and analysis before making any investment decisions.