Compuage Infocom Hits 52-Week Low, Receives 'Strong Sell' Call from MarketsMOJO

Apr 01 2024 09:35 AM IST
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Compuage Infocom, a microcap IT hardware company, has hit a 52-week low on April 1st, 2024 with a consecutive fall of -28.83% in returns over the past 7 days. This has led to a 'Strong Sell' call by MarketsMojo. The stock is currently trading below its moving averages and has seen a decline of -68.28% in the past year compared to the Sensex performance of 25.77%. Investors should conduct their own research before making any investment decisions.

Compuage Infocom, a microcap IT hardware company, has recently hit a 52-week low on April 1st, 2024. The stock has been on a downward trend for the past 7 days, with a consecutive fall of -28.83% in returns during this period. This has led to a 'Strong Sell' call by MarketsMOJO.

On April 1st, the stock hit a new low of Rs.4, underperforming the sector by -6.38%. It is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In comparison to the Sensex performance of 25.77%, Compuage Infocom has seen a significant decline of -68.28% in the past year. This could be attributed to various factors such as market conditions, company performance, and industry trends.

As a microcap company in the IT hardware industry, Compuage Infocom may face challenges in the current market. However, it is important to note that this is not a recommendation to buy or sell the stock. Investors should conduct their own research and make informed decisions based on their individual risk tolerance and investment goals.
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