JMJ Fintech Receives 'Sell' Rating from MarketsMOJO Due to Weak Long-Term Fundamentals

JMJ Fintech, a microcap company in the finance/NBFC industry, has recently received a 'Sell' rating from MarketsMOJO on February 26, 2024. This downgrade is based on the company's weak long-term fundamental strength, with an average Return on Equity (ROE) of 1.35% and poor long-term growth with a 3.89% annual growth rate in net sales.
Other factors contributing to the 'Sell' rating include the company's positive results in December 2023, with the highest PAT (Q) at Rs 1.03 crore, PBDIT (Q) at Rs 1.49 crore, and PBT LESS OI (Q) at Rs 1.25 crore. However, the stock is currently in a mildly bullish range, with multiple factors such as MACD, Bollinger Band, and KST indicating a bullish trend.

Despite a fair valuation with a Price to Book Value of 2.2 and trading at a discount compared to its historical valuations, JMJ Fintech's stock has generated a return of 73.96% in the past year, with profits rising by 123%. This results in a low PEG ratio of 0.1 for the company.

The majority of shareholders for JMJ Fintech are non-institutional investors, and the company has shown market-beating performance in both the long-term and near-term. In addition to its 73.96% return in the last year, the stock has also outperformed BSE 500 in the last 3 years, 1 year, and 3 months.

While JMJ Fintech may have received a 'Sell' rating from MarketsMOJO, it is important to note that this is based on the company's current financial standing and market trends. Investors should conduct their own research and analysis before making any investment decisions.