Mercantile Ventures Share Price

Mercantile Ventures has an operating revenue of Rs. 63.46 Cr. on a trailing 12-month basis. An annual revenue growth of 23% is outstanding, Pre-tax margin of -10% needs improvement, ROE of -1% is poor and needs improvement. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 25% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 31 which is a POOR score indicating inconsistency in earnings, a RS Rating of 38 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 110 indicates it belongs to a poor industry group of Real Estate Dvlpmt/Ops and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.