Inter State Oil Carrier Receives 'Hold' Rating from MarketsMOJO After Strong Quarterly Results and Bullish Technical Trend.

Inter State Oil Carrier, a microcap logistics company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes after the company has shown positive results for the last four consecutive quarters, with a significant growth of 62.97% in net sales in the last half year.
The stock is currently in a bullish range and has shown an improvement in technical trend since October 10, 2024, with a return of 8.44%. Multiple factors such as MACD, Bollinger Band, and KST have contributed to this bullish trend.

Attractive valuation is another factor that makes this stock a 'Hold'. With a ROCE of 6.1 and an enterprise value to capital employed ratio of 1.2, the stock is trading at a premium compared to its historical valuations. However, it is important to note that while the stock has generated a return of 25.10% in the past year, its profits have fallen by -14%.

The majority shareholders of Inter State Oil Carrier are non-institutional investors. This may be a cause for concern as the company has weak long-term fundamental strength, with a CAGR growth of only 31.69% in operating profits over the last five years. Additionally, the company has a high debt to EBITDA ratio of 4.38 times, indicating a low ability to service debt. The return on equity (avg) of 6.31% also signifies low profitability per unit of shareholders' funds.

Overall, while Inter State Oil Carrier has shown positive results in the recent past, it is important to consider the company's weak long-term fundamentals and high debt levels before making any investment decisions. MarketsMOJO's 'Hold' rating reflects a neutral stance on the stock, with no recommendation for or against investing in it.