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Morepen Laboratories Limited
Buy, Hold or Sell?

Let's analyze Morepen together

I guess you are interested in Morepen Laboratories Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Morepen Laboratories Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Morepen (30 sec.)










What can you expect buying and holding a share of Morepen? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR14.73
Expected worth in 1 year
INR25.21
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR10.48
Return On Investment
19.2%

For what price can you sell your share?

Current Price per Share
INR54.68
Expected price per share
INR52.20 - INR60.75
How sure are you?
50%
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1. Valuation of Morepen (5 min.)




Live pricePrice per Share (EOD)

INR54.68

Intrinsic Value Per Share

INR-43.84 - INR-40.01

Total Value Per Share

INR-29.11 - INR-25.28

2. Growth of Morepen (5 min.)




Is Morepen growing?

Current yearPrevious yearGrowGrow %
How rich?$89.5m$68.8m$20.7m23.2%

How much money is Morepen making?

Current yearPrevious yearGrowGrow %
Making money$4.6m$12.1m-$7.4m-162.9%
Net Profit Margin2.7%6.6%--

How much money comes from the company's main activities?

3. Financial Health of Morepen (5 min.)




4. Comparing to competitors in the Other industry (5 min.)




  Industry Rankings (Other)  


Richest
#221 / 386

Most Revenue
#178 / 386

Most Profit
#194 / 386

Most Efficient
#224 / 386
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What can you expect buying and holding a share of Morepen? (5 min.)

Welcome investor! Morepen's management wants to use your money to grow the business. In return you get a share of Morepen.

What can you expect buying and holding a share of Morepen?

First you should know what it really means to hold a share of Morepen. And how you can make/lose money.

Speculation

The Price per Share of Morepen is INR54.68. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Morepen.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Morepen, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR14.73. Based on the TTM, the Book Value Change Per Share is INR2.62 per quarter. Based on the YOY, the Book Value Change Per Share is INR2.67 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Morepen.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.010.0%0.010.0%0.030.0%0.020.0%0.010.0%
Usd Book Value Change Per Share0.030.1%0.030.1%0.030.1%0.020.0%0.020.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.030.1%0.030.1%0.030.1%0.020.0%0.020.0%
Usd Price Per Share0.31-0.31-0.44-0.29-0.25-
Price to Earnings Ratio33.94-33.94-17.20-21.14-46.52-
Price-to-Total Gains Ratio9.80-9.80-13.73-15.25-9.55-
Price to Book Ratio1.74-1.74-3.02-2.55-3.24-
Price-to-Total Gains Ratio9.80-9.80-13.73-15.25-9.55-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.650692
Number of shares1536
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.030.02
Usd Total Gains Per Share0.030.02
Gains per Quarter (1536 shares)47.9135.48
Gains per Year (1536 shares)191.63141.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101921820142132
203833740284274
305755660426416
407677580568558
509589500710700
60115011420852842
70134113340994984
8015331526011351126
9017251718012771268
10019161910014191410

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%
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Fundamentals of Morepen

About Morepen Laboratories Limited

Morepen Laboratories Limited develops, manufactures, markets, and sells active pharmaceutical ingredients (APIs), formulations, and home health products in India, the United States, and internationally. The company offers APIs for anti-histaminic, anti-asthmatic, anti-hypercholesterolemic, anti-diabetic, and anti-hypertensive; and formulations for antibiotics, gastro-intestinal, CNS, ortho and pain, calcium metabolism, respiratory and anti-allergic, and nutraceuticals and vitamins, as well as diabetes and related complications, and cardiology therapy. It also provides blood glucose and pressure monitors, nebulizers, vaporizers, weighing scales, thermometers, pulse oximeters, massagers and heat therapy, hot water bottles, stethoscopes, sphygmomanometers, ultrasonic nebulizers, fetal Doppler, anti-decubitus air mattress, adult diapers, instant dry under mats, and breathable non-woven tapes. In addition, it provides Burnol for burns and cuts; Forever Young that enhances sexual life, stamina, energy, power, and strength; Lemolate Gold for cold relief; Lemolate- Cough Syrup; Fibre-X Sat-Isabgol, a natural laxative product; Fever-X, a fever reducer; Option72, an emergency contraceptive; Dabgel, an antacid; MoreVital+, a dietary supplement; QuickChek, a pregnancy card; Exygra, a sildenafil citrate; facewashes; Itch Beat for itching; and 2 Kool hair oil. Further, the company offers Active Smile, which is Mouthwash; Dr. Morepen Daily, a health supplement; MTP Kit, a contraception pill; VCalci, a calcium tab; Clean & Pure, an intimate hygiene wash; Liv Healthy, a liver tonic; Head-X for headache; Dr. Morepen Aid, an adhesive first aid dressing; Dr. Morepen Buds, an ear cleaning cotton bud; Cold-EX for cold and cough; Paachan-Arishta, an ayurvedic digestive tonic; and adult nasal spray. Additionally, the company is involved in product contract manufacturing and brand sharing businesses. Morepen Laboratories Limited was founded in 1984 and is based in New Delhi, India.

Fundamental data was last updated by Penke on 2024-07-15 01:27:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Morepen Laboratories Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Morepen earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Morepen to the¬†Other industry mean.
  • A Net Profit Margin of 2.7%¬†means that¬†₹0.03 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Morepen Laboratories Limited:

  • The MRQ is 2.7%. The company is making a profit. +1
  • The TTM is 2.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.7%TTM2.7%0.0%
TTM2.7%YOY6.6%-3.8%
TTM2.7%5Y5.0%-2.3%
5Y5.0%10Y3.6%+1.4%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7%5.6%-2.9%
TTM2.7%5.2%-2.5%
YOY6.6%5.8%+0.8%
5Y5.0%6.0%-1.0%
10Y3.6%6.1%-2.5%
1.1.2. Return on Assets

Shows how efficient Morepen is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Morepen to the¬†Other industry mean.
  • 3.5% Return on Assets means that¬†Morepen generated¬†₹0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Morepen Laboratories Limited:

  • The MRQ is 3.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.5%0.0%
TTM3.5%YOY9.5%-6.0%
TTM3.5%5Y6.8%-3.3%
5Y6.8%10Y4.6%+2.2%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%1.1%+2.4%
TTM3.5%1.0%+2.5%
YOY9.5%1.4%+8.1%
5Y6.8%1.2%+5.6%
10Y4.6%1.4%+3.2%
1.1.3. Return on Equity

Shows how efficient Morepen is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Morepen to the¬†Other industry mean.
  • 5.1% Return on Equity means Morepen generated ₹0.05¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Morepen Laboratories Limited:

  • The MRQ is 5.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.1%TTM5.1%0.0%
TTM5.1%YOY17.6%-12.4%
TTM5.1%5Y13.8%-8.6%
5Y13.8%10Y10.1%+3.7%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1%3.5%+1.6%
TTM5.1%3.3%+1.8%
YOY17.6%4.6%+13.0%
5Y13.8%3.7%+10.1%
10Y10.1%3.7%+6.4%
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1.2. Operating Efficiency of Morepen Laboratories Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Morepen is operating .

  • Measures how much profit Morepen makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Morepen to the¬†Other industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Morepen Laboratories Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y3.7%-3.7%
5Y3.7%10Y4.4%-0.7%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.5%-8.5%
TTM-9.5%-9.5%
YOY-8.1%-8.1%
5Y3.7%5.2%-1.5%
10Y4.4%6.8%-2.4%
1.2.2. Operating Ratio

Measures how efficient Morepen is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Other industry mean).
  • An Operation Ratio of 0.68 means that the operating costs are ₹0.68 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Morepen Laboratories Limited:

  • The MRQ is 0.685. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.685. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.685TTM0.6850.000
TTM0.685YOY0.686-0.001
TTM0.6855Y1.047-0.363
5Y1.04710Y1.311-0.263
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6851.231-0.546
TTM0.6851.253-0.568
YOY0.6861.242-0.556
5Y1.0471.264-0.217
10Y1.3111.363-0.052
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1.3. Liquidity of Morepen Laboratories Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Morepen is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Other industry mean).
  • A Current Ratio of 2.35¬†means the company has ₹2.35 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Morepen Laboratories Limited:

  • The MRQ is 2.354. The company is able to pay all its short-term debts. +1
  • The TTM is 2.354. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.354TTM2.3540.000
TTM2.354YOY1.609+0.746
TTM2.3545Y1.442+0.913
5Y1.44210Y1.085+0.357
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3541.422+0.932
TTM2.3541.508+0.846
YOY1.6091.553+0.056
5Y1.4421.542-0.100
10Y1.0851.499-0.414
1.3.2. Quick Ratio

Measures if Morepen is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Morepen to the¬†Other industry mean.
  • A Quick Ratio of 0.89¬†means the company can pay off ₹0.89 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Morepen Laboratories Limited:

  • The MRQ is 0.890. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.890. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.890TTM0.8900.000
TTM0.890YOY0.587+0.303
TTM0.8905Y0.577+0.313
5Y0.57710Y0.479+0.098
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8900.564+0.326
TTM0.8900.576+0.314
YOY0.5870.578+0.009
5Y0.5770.604-0.027
10Y0.4790.603-0.124
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1.4. Solvency of Morepen Laboratories Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Morepen assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Morepen to Other industry mean.
  • A Debt to Asset Ratio of 0.32¬†means that Morepen assets are¬†financed with 32.2% credit (debt) and the remaining percentage (100% - 32.2%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Morepen Laboratories Limited:

  • The MRQ is 0.322. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.322. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.322TTM0.3220.000
TTM0.322YOY0.459-0.137
TTM0.3225Y0.489-0.167
5Y0.48910Y0.517-0.028
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3220.527-0.205
TTM0.3220.525-0.203
YOY0.4590.549-0.090
5Y0.4890.556-0.067
10Y0.5170.565-0.048
1.4.2. Debt to Equity Ratio

Measures if Morepen is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Morepen to the¬†Other industry mean.
  • A Debt to Equity ratio of 47.5% means that company has ₹0.47 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Morepen Laboratories Limited:

  • The MRQ is 0.475. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.475. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.475TTM0.4750.000
TTM0.475YOY0.850-0.375
TTM0.4755Y1.022-0.547
5Y1.02210Y1.276-0.254
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4751.113-0.638
TTM0.4751.095-0.620
YOY0.8501.190-0.340
5Y1.0221.300-0.278
10Y1.2761.451-0.175
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2. Market Valuation of Morepen Laboratories Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Morepen generates.

  • Above 15 is considered overpriced but¬†always compare¬†Morepen to the¬†Other industry mean.
  • A PE ratio of 33.94 means the investor is paying ₹33.94¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Morepen Laboratories Limited:

  • The EOD is 72.270. Based on the earnings, the company is expensive. -2
  • The MRQ is 33.941. Based on the earnings, the company is overpriced. -1
  • The TTM is 33.941. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD72.270MRQ33.941+38.329
MRQ33.941TTM33.9410.000
TTM33.941YOY17.199+16.742
TTM33.9415Y21.143+12.799
5Y21.14310Y46.521-25.379
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD72.27013.251+59.019
MRQ33.94111.870+22.071
TTM33.94111.033+22.908
YOY17.19911.330+5.869
5Y21.14311.874+9.269
10Y46.52112.710+33.811
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Morepen Laboratories Limited:

  • The EOD is -20.381. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.572. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -9.572. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-20.381MRQ-9.572-10.809
MRQ-9.572TTM-9.5720.000
TTM-9.572YOY-13.977+4.405
TTM-9.5725Y36.892-46.463
5Y36.89210Y29.682+7.210
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD-20.3815.379-25.760
MRQ-9.5725.065-14.637
TTM-9.5724.265-13.837
YOY-13.9771.958-15.935
5Y36.8922.492+34.400
10Y29.6823.557+26.125
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Morepen is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Other industry mean).
  • A PB ratio of 1.74 means the investor is paying ₹1.74¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Morepen Laboratories Limited:

  • The EOD is 3.712. Based on the equity, the company is fair priced.
  • The MRQ is 1.743. Based on the equity, the company is underpriced. +1
  • The TTM is 1.743. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.712MRQ1.743+1.969
MRQ1.743TTM1.7430.000
TTM1.743YOY3.023-1.279
TTM1.7435Y2.550-0.806
5Y2.55010Y3.244-0.695
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD3.7121.641+2.071
MRQ1.7431.376+0.367
TTM1.7431.357+0.386
YOY3.0231.375+1.648
5Y2.5501.567+0.983
10Y3.2441.653+1.591
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Morepen Laboratories Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.6212.6210%2.666-2%1.941+35%1.473+78%
Book Value Per Share--14.72914.7290%12.108+22%9.644+53%7.444+98%
Current Ratio--2.3542.3540%1.609+46%1.442+63%1.085+117%
Debt To Asset Ratio--0.3220.3220%0.459-30%0.489-34%0.517-38%
Debt To Equity Ratio--0.4750.4750%0.850-44%1.022-54%1.276-63%
Dividend Per Share----0%-0%-0%-0%
Eps--0.7570.7570%2.128-64%1.286-41%0.788-4%
Free Cash Flow Per Share---2.683-2.6830%-2.619-2%-1.016-62%-0.103-96%
Free Cash Flow To Equity Per Share--0.1250.1250%-1.282+1124%0.045+177%0.123+2%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---40.012--------
Intrinsic Value_10Y_min---43.837--------
Intrinsic Value_1Y_max---1.665--------
Intrinsic Value_1Y_min---2.396--------
Intrinsic Value_3Y_max---6.790--------
Intrinsic Value_3Y_min---8.970--------
Intrinsic Value_5Y_max---14.069--------
Intrinsic Value_5Y_min---17.437--------
Market Cap24596484805.120+47%13126812472.80013126812472.8000%17488438920.000-25%11425601524.160+15%9829159418.424+34%
Net Profit Margin--0.0270.0270%0.066-58%0.050-46%0.036-25%
Operating Margin----0%-0%0.037-100%0.044-100%
Operating Ratio--0.6850.6850%0.6860%1.047-35%1.311-48%
Pb Ratio3.712+53%1.7431.7430%3.023-42%2.550-32%3.244-46%
Pe Ratio72.270+53%33.94133.9410%17.199+97%21.143+61%46.521-27%
Price Per Share54.680+53%25.68025.6800%36.600-30%24.244+6%21.273+21%
Price To Free Cash Flow Ratio-20.381-113%-9.572-9.5720%-13.977+46%36.892-126%29.682-132%
Price To Total Gains Ratio20.863+53%9.7989.7980%13.730-29%15.249-36%9.550+3%
Quick Ratio--0.8900.8900%0.587+52%0.577+54%0.479+86%
Return On Assets--0.0350.0350%0.095-63%0.068-49%0.046-24%
Return On Equity--0.0510.0510%0.176-71%0.138-63%0.101-49%
Total Gains Per Share--2.6212.6210%2.666-2%1.941+35%1.473+78%
Usd Book Value--89596063.90089596063.9000%68848782.800+30%54582277.400+64%41323731.750+117%
Usd Book Value Change Per Share--0.0310.0310%0.032-2%0.023+35%0.018+78%
Usd Book Value Per Share--0.1750.1750%0.144+22%0.115+53%0.089+98%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0090.0090%0.025-64%0.015-41%0.009-4%
Usd Free Cash Flow---16319969.400-16319969.4000%-14889946.400-9%-6006120.400-63%-832327.650-95%
Usd Free Cash Flow Per Share---0.032-0.0320%-0.031-2%-0.012-62%-0.001-96%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%-0.015+1124%0.001+177%0.001+2%
Usd Market Cap292698169.181+47%156209068.426156209068.4260%208112423.148-25%135964658.138+15%116966997.079+34%
Usd Price Per Share0.651+53%0.3060.3060%0.436-30%0.289+6%0.253+21%
Usd Profit--4602348.8004602348.8000%12100241.300-62%7136960.740-36%4346692.770+6%
Usd Revenue--168686070.000168686070.0000%184072401.100-8%137421642.680+23%97931472.450+72%
Usd Total Gains Per Share--0.0310.0310%0.032-2%0.023+35%0.018+78%
 EOD+5 -3MRQTTM+0 -0YOY+12 -205Y+20 -1310Y+23 -10

3.2. Fundamental Score

Let's check the fundamental score of Morepen Laboratories Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1572.270
Price to Book Ratio (EOD)Between0-13.712
Net Profit Margin (MRQ)Greater than00.027
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.890
Current Ratio (MRQ)Greater than12.354
Debt to Asset Ratio (MRQ)Less than10.322
Debt to Equity Ratio (MRQ)Less than10.475
Return on Equity (MRQ)Greater than0.150.051
Return on Assets (MRQ)Greater than0.050.035
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Morepen Laboratories Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.219
Ma 20Greater thanMa 5056.388
Ma 50Greater thanMa 10052.044
Ma 100Greater thanMa 20049.509
OpenGreater thanClose55.650
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets11,104,951
Total Liabilities3,575,870
Total Stockholder Equity7,529,081
 As reported
Total Liabilities 3,575,870
Total Stockholder Equity+ 7,529,081
Total Assets = 11,104,951

Assets

Total Assets11,104,951
Total Current Assets7,561,647
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 216,658
Net Receivables 2,642,274
Inventory 3,945,582
Other Current Assets 375,498
Total Current Assets  (as reported)7,561,647
Total Current Assets  (calculated)7,180,012
+/- 381,635
Long-term Assets
Property Plant Equipment 1,840,127
Goodwill 744,742
Intangible Assets 254,986
Long-term Assets  (as reported)0
Long-term Assets  (calculated)2,839,855
+/- 2,839,855

Liabilities & Shareholders' Equity

Total Current Liabilities3,211,631
Long-term Liabilities0
Total Stockholder Equity7,529,081
Total Current Liabilities
Short-term Debt 231,795
Total Current Liabilities  (as reported)3,211,631
Total Current Liabilities  (calculated)231,795
+/- 2,979,836
Long-term Liabilities
Long term Debt Total 9,335
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)9,335
+/- 9,335
Total Stockholder Equity
Common Stock1,022,271
Retained Earnings 2,876,993
Capital Surplus 3,697,886
Other Stockholders Equity -68,069
Total Stockholder Equity (as reported)7,529,081
Total Stockholder Equity (calculated)7,529,081
+/-0
Other
Cash and Short Term Investments 216,658
Common Stock Shares Outstanding 511,169
Liabilities and Stockholders Equity 11,104,951
Net Working Capital 4,350,016



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
4,895,000
4,889,974
5,236,766
5,382,894
5,858,064
6,151,774
6,634,639
8,581,460
10,700,527
11,104,951
11,104,95110,700,5278,581,4606,634,6396,151,7745,858,0645,382,8945,236,7664,889,9744,895,000
   > Total Current Assets 
963,200
1,145,823
1,570,976
1,919,455
2,434,400
2,994,684
3,721,765
5,267,910
7,343,011
7,561,647
7,561,6477,343,0115,267,9103,721,7652,994,6842,434,4001,919,4551,570,9761,145,823963,200
       Cash And Cash Equivalents 
91,100
88,485
43,614
75,911
57,161
95,951
136,391
413,869
146,724
216,658
216,658146,724413,869136,39195,95157,16175,91143,61488,48591,100
       Short-term Investments 
0
0
0
0
2,178
225
0
0
11,302
0
011,302002252,1780000
       Net Receivables 
466,600
599,449
880,107
929,512
1,218,505
1,337,469
1,376,805
1,825,662
2,512,203
2,642,274
2,642,2742,512,2031,825,6621,376,8051,337,4691,218,505929,512880,107599,449466,600
       Inventory 
333,000
371,135
512,767
746,451
937,948
1,118,715
1,773,171
2,427,475
3,924,869
3,945,582
3,945,5823,924,8692,427,4751,773,1711,118,715937,948746,451512,767371,135333,000
       Other Current Assets 
68,400
84,507
7,797
5,864
2,338
226,171
252,413
288,585
320,761
375,498
375,498320,761288,585252,413226,1712,3385,8647,79784,50768,400
   > Long-term Assets 
0
0
0
3,461,456
3,386,778
3,157,090
2,912,874
0
0
0
0002,912,8743,157,0903,386,7783,461,456000
       Property Plant Equipment 
2,895,500
2,440,392
2,179,591
1,934,142
1,723,967
1,473,671
1,340,894
1,312,415
1,607,930
1,840,127
1,840,1271,607,9301,312,4151,340,8941,473,6711,723,9671,934,1422,179,5912,440,3922,895,500
       Goodwill 
779,400
779,391
779,664
779,608
744,854
744,798
744,742
744,742
744,742
744,742
744,742744,742744,742744,742744,798744,854779,608779,664779,391779,400
       Intangible Assets 
5,900
5,017
4,478
4,283
174,107
143,625
78,072
207,654
306,768
254,986
254,986306,768207,65478,072143,625174,1074,2834,4785,0175,900
> Total Liabilities 
1,927,900
2,019,158
3,504,619
3,420,278
3,598,648
3,620,846
3,794,028
4,333,962
4,914,915
3,575,870
3,575,8704,914,9154,333,9623,794,0283,620,8463,598,6483,420,2783,504,6192,019,1581,927,900
   > Total Current Liabilities 
1,081,400
1,279,202
2,859,717
3,248,612
3,401,214
3,391,699
3,514,436
4,038,000
4,564,569
3,211,631
3,211,6314,564,5694,038,0003,514,4363,391,6993,401,2143,248,6122,859,7171,279,2021,081,400
       Short-term Debt 
892,800
808,876
675,055
489,936
0
89,897
113,595
153,244
161,316
231,795
231,795161,316153,244113,59589,8970489,936675,055808,876892,800
       Short Long Term Debt 
892,800
808,876
675,055
489,936
116,170
101,147
125,435
0
0
0
000125,435101,147116,170489,936675,055808,876892,800
       Accounts payable 
686,000
849,574
1,153,304
1,248,254
1,748,844
1,681,502
1,723,043
0
0
0
0001,723,0431,681,5021,748,8441,248,2541,153,304849,574686,000
       Other Current Liabilities 
156,600
134,162
163,360
136,201
225,996
261,690
314,120
0
0
0
000314,120261,690225,996136,201163,360134,162156,600
   > Long-term Liabilities 
0
0
0
178,003
201,976
233,778
284,226
0
0
0
000284,226233,778201,976178,003000
       Long term Debt Total 
0
0
510,613
13,834
29,473
18,292
9,246
8,283
13,211
9,335
9,33513,2118,2839,24618,29229,47313,834510,61300
       Long-term Liabilities Other 
0
0
0
28,246
0
0
0
0
0
0
00000028,246000
> Total Stockholder Equity
1,774,600
1,678,292
1,732,147
1,962,616
2,259,416
2,530,928
2,840,611
4,247,498
5,785,612
7,529,081
7,529,0815,785,6124,247,4982,840,6112,530,9282,259,4161,962,6161,732,1471,678,2921,774,600
   Common Stock
899,600
899,586
899,586
899,586
899,586
899,586
899,586
899,586
955,586
1,022,271
1,022,271955,586899,586899,586899,586899,586899,586899,586899,586899,600
   Retained Earnings Total Equity0000000000
   Accumulated Other Comprehensive Income 0000000000
   Capital Surplus 
0
0
1,674,051
1,674,051
1,674,051
1,674,051
1,674,051
1,674,051
2,318,051
3,697,886
3,697,8862,318,0511,674,0511,674,0511,674,0511,674,0511,674,0511,674,05100
   Treasury Stock0000000000
   Other Stockholders Equity 
739,300
739,373
739,373
-5,879
-4,992
-21,973
-48,082
-49,554
-53,266
-68,069
-68,069-53,266-49,554-48,082-21,973-4,992-5,879739,373739,373739,300



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue14,175,300
Cost of Revenue-9,703,728
Gross Profit4,471,5724,471,572
 
Operating Income (+$)
Gross Profit4,471,572
Operating Expense-0
Operating Income516,0274,471,572
 
Operating Expense (+$)
Research Development0
Selling General Administrative2,936,972
Selling And Marketing Expenses0
Operating Expense02,936,972
 
Net Interest Income (+$)
Interest Income3,234
Interest Expense-0
Other Finance Cost-3,234
Net Interest Income0
 
Pretax Income (+$)
Operating Income516,027
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)557,553516,027
EBIT - interestExpense = 0
386,752
386,752
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0557,553
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax557,553
Tax Provision-170,798
Net Income From Continuing Ops0386,755
Net Income386,752
Net Income Applicable To Common Shares386,752
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Morepen
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Morepen. The general trend of Morepen is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Morepen's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Morepen Laboratories Limited.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 60.75.

The bearish price targets are: 53.16 > 53.00 > 52.20.

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Morepen Laboratories Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Morepen Laboratories Limited. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Morepen Laboratories Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Morepen Laboratories Limited. The current macd is 0.79015627.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Morepen price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Morepen. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Morepen price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Morepen Laboratories Limited Daily Moving Average Convergence/Divergence (MACD) ChartMorepen Laboratories Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Morepen Laboratories Limited. The current adx is 20.82.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Morepen shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Morepen Laboratories Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Morepen Laboratories Limited. The current sar is 58.86.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Morepen Laboratories Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Morepen Laboratories Limited. The current rsi is 49.22. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Morepen Laboratories Limited Daily Relative Strength Index (RSI) ChartMorepen Laboratories Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Morepen Laboratories Limited. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Morepen price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Morepen Laboratories Limited Daily Stochastic Oscillator ChartMorepen Laboratories Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Morepen Laboratories Limited. The current cci is -156.42440486.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Morepen Laboratories Limited Daily Commodity Channel Index (CCI) ChartMorepen Laboratories Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Morepen Laboratories Limited. The current cmo is -9.74370253.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Morepen Laboratories Limited Daily Chande Momentum Oscillator (CMO) ChartMorepen Laboratories Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Morepen Laboratories Limited. The current willr is -69.05574516.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Morepen is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Morepen Laboratories Limited Daily Williams %R ChartMorepen Laboratories Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Morepen Laboratories Limited.

Morepen Laboratories Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Morepen Laboratories Limited. The current atr is 2.7457961.

Morepen Laboratories Limited Daily Average True Range (ATR) ChartMorepen Laboratories Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Morepen Laboratories Limited. The current obv is 71,432,870.

Morepen Laboratories Limited Daily On-Balance Volume (OBV) ChartMorepen Laboratories Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Morepen Laboratories Limited. The current mfi is 39.94.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Morepen Laboratories Limited Daily Money Flow Index (MFI) ChartMorepen Laboratories Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Morepen Laboratories Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-04-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-05-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-06-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-06-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-03MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

Morepen Laboratories Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Morepen Laboratories Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.219
Ma 20Greater thanMa 5056.388
Ma 50Greater thanMa 10052.044
Ma 100Greater thanMa 20049.509
OpenGreater thanClose55.650
Total4/5 (80.0%)
Penke

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