Allcargo Logistics Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Allcargo Logistics, a midcap logistics company, has recently hit a 52-week low on November 12, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company's performance.

The stock price of Allcargo Logistics has been on a downward trend, with the latest low of Rs. 54 being hit today. The stock has also underperformed the sector by -0.9% in today's trading session. The intraday low for the stock was Rs. 54, a decrease of 2.91% from the previous day's closing price.

In terms of moving averages, Allcargo Logistics is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This suggests a bearish trend for the stock.

At the current price, Allcargo Logistics offers a high dividend yield of 3.78%. However, the stock's 1-year performance has been negative, with a decrease of 21.84% compared to the Sensex's positive performance of 20.56%.

Allcargo Logistics is a midcap logistics company, providing services such as freight forwarding, warehousing, and transportation. The recent 52-week low and 'Strong Sell' rating by MarketsMOJO may be a cause for concern for investors, but it is important to note that this is not a recommendation or expert opinion. Investors should do their own research and make informed decisions based on facts and figures.