Dutron Polymers Receives 'Hold' Rating from MarketsMOJO Based on Technical Trend and Fair Valuation

Dutron Polymers, a microcap company in the plastic products industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade is based on the company's current technical trend, which has improved from Mildly Bullish to Bullish since December 21, 2023. Since then, the stock has generated a return of 13.03%.
In addition to the technical factors, Dutron Polymers also has a fair valuation with a ROCE of 14.3 and an Enterprise value to Capital Employed ratio of 3.3. The stock is currently trading at a discount compared to its average historical valuations. Despite a 28.13% return in the past year, the company's profits have only risen by 17.9%, resulting in a PEG ratio of 1.9.

It is worth noting that the majority shareholders of Dutron Polymers are the promoters themselves. However, the company has shown poor long-term growth with only a 0.18% annual growth in Net Sales and a 3.02% growth in Operating profit over the last 5 years. The company's results for December 2023 were also flat.

Overall, while Dutron Polymers may have some positive technical indicators and a fair valuation, its long-term growth and recent flat results may warrant a 'Hold' rating from MarketsMOJO. Investors should carefully consider these factors before making any decisions regarding this microcap company in the plastic products industry.