Algoquant Fintech's Stock Declines -15.33%, Underperforms Sector by -14.88%

Algoquant Fintech, a smallcap engineering company, has been facing a downward trend in its stock performance. On March 12, 2024, the company's stock lost -15.33%, underperforming the sector by -14.88%. This marks the sixth consecutive day of losses for the company, with a total decline of -21.39% during this period.

The stock's intraday low was recorded at Rs 1215.85, a significant decrease of -19.51%. The stock has also shown high volatility today, with an intraday volatility of 10.79% calculated from the weighted average price.

Despite the recent decline, Algoquant Fintech's moving averages are still higher than its 100-day and 200-day moving averages. However, it is currently lower than its 5-day, 20-day, and 50-day moving averages.

According to MarketsMOJO, the stock's current call is 'Hold'. In comparison to the Sensex's performance of 0.14%, Algoquant Fintech's 1-day performance is -13.94%. Similarly, the company's 1-month performance is -12.95%, while the Sensex has shown a positive performance of 3.56%.

It is important to note that this article is based on factual information and does not include any external data or sources. As a smallcap engineering company, Algoquant Fintech's stock performance may be subject to fluctuations and investors are advised to do their own research before making any investment decisions.