J J Finance Corporation Receives Upgraded Stock Call from MarketsMOJO, Showing Bullish Technical Trend and Attractive Valuation

J J Finance Corporation, a microcap finance company, has recently received an upgraded stock call from MarketsMOJO. The stock has been upgraded to 'Hold' on 2024-11-19 due to multiple bullish factors.
One of the main reasons for the upgrade is the stock's technical trend, which has improved from Mildly Bullish to Bullish since 06-Nov-24. This has resulted in a 12.08% return for investors. Additionally, indicators such as MACD, Bollinger Band, and KST are also showing bullish signals for the stock.

In terms of valuation, J J Finance Corporation is currently trading at a discount compared to its historical average. With a price to book value of 1.2 and a return on equity (ROE) of 6.9, the stock is considered to be attractively priced.

Furthermore, the company has shown strong performance in the past year, with a return of 138.37%. However, its profits have only increased by 67%, resulting in a PEG ratio of 0. This indicates that the stock may have potential for future growth.

It is worth noting that the majority shareholders of J J Finance Corporation are the promoters themselves, which can be seen as a positive sign for investors.

While the stock has shown market-beating performance in the long term, its fundamental strength is weak with an average ROE of 2.71%. In the latest quarter, the company's operating cash flow was also at its lowest, at Rs -0.44 Cr.

Overall, J J Finance Corporation's upgraded stock call to 'Hold' by MarketsMOJO is based on its current bullish technical trend and attractive valuation. However, investors should also consider the company's weak long-term fundamental strength before making any investment decisions.