Visco Trade Associates Receives 'Buy' Rating from MarketsMOJO, Shows Strong Growth Potential

Visco Trade Associates, a microcap trading company, has recently received a 'Buy' rating from MarketsMOJO on July 1st, 2024. This upgrade is based on the company's healthy long-term growth, with an annual growth rate of 69.42% in net sales and 134.71% in operating profit.
In the last quarter of March 2024, the company declared very positive results with a growth in net sales of 32.05%. This marks the seventh consecutive quarter of positive results for Visco Trade Associates. Additionally, the company's PBT LESS OI(Q) has grown by 174.18% and PAT(Q) has grown by 162.8%. Its ROCE(HY) is also at its highest at 24.23%.

Technically, the stock is in a mildly bullish range and has shown improvement from a sideways trend on July 1st, 2024. The RSI and KST technical factors are also bullish, indicating a positive trend for the stock.

With an ROCE of 24, the stock is attractively valued with a 1.4 enterprise value to capital employed. It is currently trading at a discount compared to its average historical valuations. Despite a negative return of -26.11% in the past year, the company's profits have risen by 487.2%, resulting in a PEG ratio of 0.

The majority shareholders of Visco Trade Associates are the promoters, which can be seen as a positive sign for investors. However, there are some risks to consider, such as poor management efficiency with a low ROCE of 1.37% and a high debt to EBITDA ratio of 4.19 times, indicating a low ability to service debt. The company has also underperformed the market in the last year, generating negative returns while the market has seen a positive return of 37.64%.

Overall, with its strong growth potential and attractive valuation, Visco Trade Associates is a promising stock to consider for investors. However, it is important to carefully assess the risks involved before making any investment decisions.