CMS Info Systems Stock Sees -5.59% Decline, 'Hold' Call by MarketsMOJO

CMS Info Systems, a midcap IT software company, has seen a decline in its stock price by -5.59% on October 28, 2024. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on the company's performance.

In terms of price performance, CMS Info Systems has underperformed the sector by -5.03% on the same day. The stock has also shown a trend reversal, falling after three consecutive days of gains. It opened with a gap down of -2.76% and touched an intraday low of Rs 545, a decrease of -6.21%.

Despite these recent declines, CMS Info Systems' moving averages are still higher than its 100-day and 200-day moving averages. However, it is currently lower than its 5-day, 20-day, and 50-day moving averages.

In comparison to the overall market performance, CMS Info Systems has shown a decline of -6.23% in the past day, while the Sensex has seen a slight increase of 0.36%. Over the past month, the company's stock has also underperformed the Sensex, with a decline of -6.62% compared to the market's -6.88% decrease.

Overall, CMS Info Systems' stock has shown a decline in recent days, but its moving averages are still relatively strong. Investors should keep an eye on the company's performance in the coming days to see if it can bounce back from this decline.