Add-Shop E-Retail Hits 52-Week Low, Receives 'Strong Sell' Call from MarketsMOJO

Mar 14 2024 09:36 AM IST
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Add-Shop E-Retail, a microcap company in the trading industry, has hit a 52-week low on March 14, 2024, with its stock price falling to Rs.20.45. MarketsMojo has given a 'Strong Sell' call for the stock, as it has underperformed the sector by -2.23% and is trading below its moving averages. Investors are advised to exercise caution.

Add-Shop E-Retail, a microcap company in the trading industry, has recently hit a 52-week low on March 14, 2024. This news has been confirmed by MarketsMOJO, who has given a 'Strong Sell' call for the stock.

The stock price of Add-Shop E-Retail has fallen to Rs.20.45, which is its lowest point in the past 52 weeks. Today's performance has also been underwhelming, as the stock has underperformed the sector by -2.23%. This is the fourth consecutive day of losses for the company, with a total decline of -16.71% in this period.

In addition, Add-Shop E-Retail is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

Compared to the Sensex performance of 25.68%, Add-Shop E-Retail has had a negative 1-year performance of -43.92%. This further highlights the struggles faced by the company in the trading industry.

Investors and experts are advised to exercise caution when considering Add-Shop E-Retail as an investment option, as the company's stock price continues to decline. With a 'Strong Sell' call from MarketsMOJO, it is important to carefully evaluate the company's financials and performance before making any investment decisions.
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