Altius Telecom Stock Sees Decline and 'Sell' Rating Amid Erratic Trading

Altius Telecom Infrastructure Trust, a largecap company in the miscellaneous industry, has recently seen a decline in its stock price. On November 27, 2024, the stock lost -3.47% and was given a 'Sell' rating by MarketsMOJO.

According to the price summary, the stock underperformed the sector by -4.46% and opened with a loss of -3.47% today. It also did not trade for 2 days out of the last 20 days, indicating erratic trading. The stock's intraday low was Rs 153, a decrease of -3.47% from its opening price of 153. The stock has remained at this price since its opening.

While the stock's moving averages are higher than the 50 day, 100 day, and 200 day moving averages, it is lower than the 5 day and 20 day moving averages. Additionally, Altius Telecom Infrastructure Trust currently has a high dividend yield of 16.96% at its current price.

In comparison to the Sensex, Altius Telecom Infrastructure Trust's 1 day performance was -3.47% while the Sensex's performance was 0.29%. Over the past month, the stock's performance was -4.37% compared to the Sensex's 1.05% performance.

Investors should keep an eye on Altius Telecom Infrastructure Trust's stock performance and consider all factors before making any investment decisions.