Consolidated Finvest & Holdings: A Closer Look

Consolidated Finvest & Holdings Ltd, a smallcap finance company, has been making headlines in the stock market as its share price reached an all-time high of Rs.333.7 on December 20, 2023. This surge in price has caught the attention of investors and analysts alike.

However, according to MarketsMOJO, a leading stock market analysis platform, the stock is currently rated as a 'Sell'. This may come as a surprise to some, considering the recent price increase. But let's take a closer look at the numbers.

In terms of performance, Consolidated Finvest & Holdings has outperformed the finance/NBFC sector by 1.18% today. However, the stock has fallen for the past two consecutive days, indicating a possible trend reversal. In fact, it has fallen every week for the last 8 weeks and every month for the last 6 weeks, resulting in a negative return of -100% in both periods.

Moreover, the stock has been trading erratically, with no trading activity on 5 out of the last 20 days. It also opened with a gap up of 2.98% today, but the day's high was only Rs.333.7, indicating a lack of sustained momentum.

On a positive note, Consolidated Finvest & Holdings is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This could be a sign of a strong underlying trend.

In terms of overall performance, Consolidated Finvest & Holdings has outperformed the Sensex by a significant margin, with a 1-year return of 154.62% compared to the Sensex's 16.53%.

While the recent surge in price may have caught the attention of investors, it is important to consider all the facts and figures before making any investment decisions. With the current rating of 'Sell' by MarketsMOJO and the stock's erratic trading patterns, it may be wise to approach Consolidated Finvest & Holdings with caution.