Prima Agro Receives 'Sell' Rating from MarketsMOJO

Prima Agro, a microcap company in the aquaculture industry, has recently received a 'Sell' rating from MarketsMOJO. This downgrade is based on the company's weak long-term fundamental strength, with a -22.51% CAGR growth in operating profits over the last 5 years. In addition, the company's operating cash flow has been at its lowest at Rs 1.49 crore in September 2023.
Other factors contributing to the 'Sell' rating include the stock being in a mildly bullish range and its MACD and KST technical factors also being bullish. However, with a ROE of 11.7, the stock does have an attractive valuation with a price to book value of 0.9. It is also trading at a fair value compared to its average historical valuations.

Despite generating a return of 11.18% in the past year, the company's profits have only risen by 20.1%, resulting in a PEG ratio of 0.4. It is worth noting that the majority of shareholders in Prima Agro are non-institutional investors.

While this may not be the most positive news for Prima Agro, it is important for investors to consider all factors before making any decisions. As a microcap company in the aquaculture industry, Prima Agro may have potential for growth in the future, but for now, the data suggests a 'Sell' rating.