CWD receives 'Hold' rating from MarketsMOJO, shows healthy long-term growth

CWD, a microcap IT hardware company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes as the company has shown healthy long-term growth, with its net sales increasing at an annual rate of 73.40%.
The stock is currently in a Mildly Bullish range, with its technical trend improving from Sideways on 20-Aug-24. This is supported by multiple bullish factors such as MACD, Bollinger Band, and OBV.

The majority shareholders of CWD are its promoters, indicating their confidence in the company's future prospects. However, the company's results for Sep 23 were flat, with the lowest operating cash flow of Rs -3.19 Cr.

Despite a ROCE of 10.7, CWD has a very expensive valuation with a 15.6 Enterprise value to Capital Employed. This is higher than its average historical valuations. Additionally, while the stock has generated a return of 31.32% in the past year, its profits have fallen by -48%.

Overall, with a 'Hold' rating from MarketsMOJO, investors may want to closely monitor CWD's performance in the coming months before making any investment decisions. The company's growth potential and valuation should also be carefully considered before making any investment in this microcap IT hardware company.