Supra Pacific Management Consultancy Receives 'Sell' Rating from MarketsMOJO Due to Weak Fundamentals and High Valuation

Supra Pacific Management Consultancy, a microcap company in the finance/NBFC industry, has recently received a 'Sell' rating from MarketsMOJO on June 24, 2024. This downgrade is due to the company's weak long-term fundamental strength, with an average return on equity (ROE) of 3.20%. Additionally, the stock is currently trading at a premium compared to its historical valuations, with a price to book value of 1.6.
Despite a 61.89% return in the past year, the company's profits have only risen by 42%, resulting in a high PEG ratio of 6.2. However, Supra Pacific Management Consultancy has declared positive results for the last 6 consecutive quarters, with a significant growth in net sales of 113.65% and the highest PBDIT and PAT in the last quarter.

Technically, the stock is in a mildly bullish range, with multiple factors such as MACD, Bollinger Band, KST, and OBV indicating a bullish trend. The majority of shareholders are non-institutional investors.

Despite its recent downgrade, Supra Pacific Management Consultancy has outperformed the market (BSE 500) with a return of 61.89% in the last year. However, investors should consider the company's weak fundamental strength and expensive valuation before making any investment decisions.