Capital Trade Links Receives 'Hold' Rating from MarketsMOJO, Shows Consistent Growth in Last 9 Quarters.

Capital Trade Links, a microcap finance company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes as the company has consistently shown positive results for the last 9 quarters, with a growth of 106.15% in net sales and a higher PAT of Rs 8.35 crore in the last 9 months.
Technically, the stock is in a bullish range and has shown improvement from a mildly bullish trend on 26-Jun-24. The MACD and Bollinger Band technical factors also indicate a bullish trend. The majority shareholders of the company are non-institutional investors.

In terms of returns, Capital Trade Links has outperformed the BSE 500 index in each of the last 3 annual periods, with a return of 129.42% in the last year alone. However, the company's long-term fundamental strength is weak, with an average ROE of 6.46%. Its current ROE of 20.2 indicates a very expensive valuation, with a price to book value of 6.4. The stock is currently trading at a premium compared to its historical valuations.

Despite its strong performance in the past year, the PEG ratio of Capital Trade Links is 0.1, indicating that the stock may be overvalued. Investors are advised to hold their positions in the company for now and monitor its performance closely.