Allcargo Logistics Hits 52-Week Low, Underperforming Sector and Showing Bearish Trend

Allcargo Logistics, a midcap logistics company, has recently hit a 52-week low on October 28th, 2024. The stock has been underperforming the sector by -1.3% and has been on a consecutive downward trend for the past 3 days, with a -6.18% return during this period.

At the current price, Allcargo Logistics is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock's performance.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock call for Allcargo Logistics is 'Sell'. This is based on the company's recent performance and market trends.

In terms of dividend yield, Allcargo Logistics is currently offering a high yield of 3.81% at its current price.

Looking at the company's 1-year performance, Allcargo Logistics has seen a decline of -14.51%, while the Sensex has shown a positive growth of 24.84%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative overview of Allcargo Logistics' recent performance in the stock market. Investors are advised to conduct their own research and analysis before making any investment decisions.