MarketsMOJO Downgrades Williamson Magor & Company to 'Sell' Rating

Williamson Magor & Company, a microcap finance and non-banking financial company (NBFC), has recently received a 'Sell' rating from MarketsMOJO on November 18, 2024.
The downgrade is based on the company's weak long-term fundamental strength, with a negative book value and poor growth in net sales and operating profit. Additionally, the stock is considered risky due to its negative EBITDA and trading at higher valuations compared to its historical average.

In the past year, while the stock has generated a return of 9.33%, its profits have declined by -3855.9%. This underperformance is also reflected in the stock's lower return compared to the market (BSE 500) returns of 23.90%.

Other factors to consider include the company's highest operating cash flow and PBDIT (profit before depreciation, interest, and taxes) in the last quarter, as well as its highest profit before tax and other income in the same period.

Technically, the stock is currently in a mildly bullish range, with the key technical factor KST (Know Sure Thing) being bullish since November 12, 2024.

It is worth noting that the majority shareholders of Williamson Magor & Company are its promoters. This information may be important for investors to consider when making decisions about the stock. Overall, the recent downgrade to a 'Sell' rating by MarketsMOJO suggests caution for potential investors in Williamson Magor & Company.