Ganon Products Faces Mixed Technical Signals Amid Declining Sales and Operating Losses
Ganon Products, a microcap in the Trading & Distributors sector, has recently adjusted its evaluation amid mixed technical indicators. Despite an impressive annual return of 84.64%, the company faces challenges with operating losses and a significant decline in net sales over the past nine months.
Ganon Products, a microcap company in the Trading & Distributors industry, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical trends associated with the stock, moving from a mildly bullish stance to a sideways position. Key financial metrics indicate that Ganon Products has experienced a notable return of 84.64% over the past year, significantly outperforming the broader market, which recorded a return of 6.38%. However, the company has faced challenges, including operating losses and a decline in net sales, which have contracted by 44.16% over the nine-month period.
The stock's current price stands at 10.82, with a 52-week high of 13.70 and a low of 5.51. Despite the recent performance, the company’s fundamentals appear weak, as evidenced by a return on equity (ROE) of 0.4 and a price-to-book value of 0.9, suggesting a premium valuation compared to its peers.
Overall, the technical indicators present a mixed picture, with the MACD showing bullish signals on a weekly basis while the RSI indicates bearish momentum.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
