Capital Trust Ltd Faces Heavy Selling Pressure, Shares Drop 4.99% to New 52-Week Low

Capital Trust Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a troubling trend of consecutive losses, with a one-day performance decline of 4.99%. Over the past week, the stock has plummeted by 24.37%, and its performance over the last month reveals a staggering drop of 27.87%.
In comparison to the Sensex, which has seen a minimal decline of 0.59% today, Capital Trust's performance starkly contrasts, highlighting the severity of its situation. Over the past year, the stock has lost 76.35% of its value, while the Sensex has only dipped by 0.16%. This trend continues across longer time frames, with Capital Trust down 70.82% year-to-date and 86.97% over the last decade, while the Sensex has gained 205.60% in the same period.

Today's trading saw the stock hit a new 52-week low of Rs.31.03, following a volatile session with an intraday high of Rs.33.95. The stock opened with a gain of 3.95% but quickly reversed course, indicating a lack of buyer support. Capital Trust is currently trading below all key moving averages, further emphasizing its challenging market position.