Ceejay Finance Surges to All-Time High Despite Negative Rating

Ceejay Finance, a microcap finance company, has been making waves in the stock market as its price reached an all-time high on September 2nd, 2024. The stock has been given a 'Sell' rating by MarketsMOJO, a leading financial analysis platform.

Despite the negative rating, Ceejay Finance has outperformed its sector by 5.06% today, indicating a strong performance. The stock has also shown a trend reversal, gaining after two consecutive days of falling. It opened with a significant gain of 6.25% today and touched an intraday high of Rs 255.

In terms of moving averages, Ceejay Finance is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.

Looking at its one-year performance, Ceejay Finance has shown a remarkable growth of 73.89%, while the Sensex has only grown by 26.32%. This indicates the company's strong performance and potential for growth in the finance industry.

Ceejay Finance is a microcap company, which means it has a small market capitalization. However, its recent performance and positive indicators make it an interesting stock to watch in the finance sector. Investors should keep an eye on this company as it continues to make strides in the stock market.