India Motor Parts & Accessories downgraded to 'Sell' by MarketsMOJO due to poor long-term growth and negative recent results

India Motor Parts & Accessories, a smallcap trading company, has recently been downgraded to a 'Sell' by MarketsMOJO on February 21, 2024. This decision was based on the company's poor long-term growth, with net sales growing at an annual rate of 7.69% and operating profit at 10.53% over the last 5 years.
In addition, the company's recent results in December 2023 have also been negative, with the lowest debtors turnover ratio and operating profit to net sales ratio. Despite its size, domestic mutual funds hold only 0% of the company, which could indicate their discomfort with the company's price or business.

On the positive side, India Motor Parts & Accessories has a low debt to equity ratio and its stock is currently in a mildly bullish range. Technical indicators such as MACD, KST, and OBV also suggest a bullish trend for the stock.

However, with a ROE of 4.4 and a price to book value of 0.8, the stock is fairly valued. It is also trading at a premium compared to its historical valuations. While the stock has generated a return of 51.56% in the past year, its profits have only risen by 10.6%, resulting in a PEG ratio of 1.6.

Despite its market-beating performance, MarketsMOJO's downgrade to 'Sell' suggests caution for investors considering India Motor Parts & Accessories. It is important to note that this article is based on facts and does not include any external data or sources.