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. 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 fact, the company has declared positive results for the last 7 consecutive quarters, with a growth in net sales of 32.05% in March 2024.
The company's financial performance is also reflected in its technical indicators, with the stock currently in a mildly bullish range and its RSI and KST factors showing a bullish trend. Additionally, with a ROCE of 24.23%, the stock is attractively valued with a 1.4 enterprise value to capital employed ratio. It is also trading at a discount compared to its historical valuations.

However, there are some risks to consider. The company has a low ROCE of 1.37%, indicating poor management efficiency and a low ability to generate profits per unit of total capital. It also has a high debt to EBITDA ratio of 4.19 times, which may affect its ability to service debt. Furthermore, the stock has underperformed the market in the last year, generating negative returns of -22.57% while the market has seen a 37.76% increase.

Despite these risks, Visco Trade Associates has shown strong growth potential and has received a 'Buy' rating from MarketsMOJO. With majority shareholders being promoters, investors can have confidence in the company's management and its future prospects.