Aurum Proptech Receives 'Sell' Rating from MarketsMOJO, Declining Sales and High Debt Raise Concerns

Aurum Proptech, a microcap IT software company, has recently received a 'Sell' rating from MarketsMOJO on October 3rd, 2024. This downgrade is based on the company's poor long-term growth, with net sales declining at an annual rate of -25.42% and operating profit at -198.87% over the last 5 years.
In addition, the company's results for June 2024 have been flat, with interest growing at 39.46% but a high debt-to-equity ratio of 1.77 times. This makes the stock risky, especially with negative operating profits. The stock is also trading at a higher valuation compared to its historical average.

Despite a 65.43% return in the past year, the company's profits have fallen by -51.1%. This, coupled with a high dividend yield of 0, may not be attractive to investors. It is also worth noting that domestic mutual funds hold only 0% of the company, which could indicate their discomfort with the stock's price or business.

On a positive note, the stock is technically in a mildly bullish range and has shown bullish signals from multiple factors such as MACD, KST, and DOW. It has also outperformed the BSE 500 in the long term and near term, with a market-beating performance.

In conclusion, while Aurum Proptech may have some positive factors, the recent downgrade to 'Sell' by MarketsMOJO and the company's poor long-term growth may make it a risky investment. Investors should carefully consider all factors before making any decisions regarding this microcap IT software company.