California Software Company's Stock Hits 52-Week High, Outperforms Sector Despite 'Sell' Call

California Software Company (CSC) has been making waves in the IT software industry with its recent performance. On September 12, 2024, the company's stock price hit a 52-week high of Rs.27.82, showing a strong upward trend. However, according to MarketsMOJO, the stock call for CSC is 'Sell'.

Despite this, the company's performance today has outperformed the sector by 4.35%. CSC has been on a consecutive gain for the last 3 days, with a rise of 15.72% in this period. The stock also opened with a gain of 3.7% today and touched an intraday high of Rs.27.82, showing a positive momentum.

In terms of moving averages, CSC is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong bullish trend for the company's stock.

In comparison to the Sensex performance of 21.78%, CSC has shown a remarkable 90.29% growth in the past year. This showcases the company's strong performance and potential for growth in the IT software industry.

With its recent 52-week high and consistent upward trend, California Software Company is definitely one to watch in the microcap IT software sector. However, according to MarketsMOJO, investors may want to consider a 'Sell' call for this stock.