ITbook Holdings Transitions to 'Hold' Status Amid Mixed Technical Indicators and Financial Challenges

3 hours ago
share
Share Via
ITbook Holdings Co., Ltd. has been re-evaluated by MarketsMojo, moving from 'Not Rated' to 'Hold.' This change reflects shifts in technical indicators, with mixed performance metrics. Long-term challenges include low profitability and high financial leverage, alongside four consecutive quarters of negative results.
ITbook Holdings Co., Ltd., a microcap company in the miscellaneous industry, has recently undergone an evaluation adjustment, transitioning from a 'Not Rated' status to a 'Hold' designation by MarketsMOJO. This revision in its score reflects notable changes in its technical indicators, which have shifted from a mildly bearish outlook to a sideways trend.

The technical summary indicates a mixed performance across various metrics. The MACD shows a mildly bullish signal on a weekly basis, while the monthly perspective remains bearish. The Relative Strength Index (RSI) presents no clear signals for both weekly and monthly evaluations. Additionally, Bollinger Bands and moving averages indicate a mildly bearish stance, suggesting a cautious approach to the stock's performance.

Long-term considerations reveal challenges for ITbook Holdings, including a low Return on Capital Employed (ROCE) of 5.08%, indicating limited profitability relative to total capital. The company's high Debt to Equity ratio further underscores its financial leverage concerns. Furthermore, ITbook has reported negative results for four consecutive quarters, with a significant decline in net profit.

For those interested in tracking the latest developments, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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}}%