Cosmo First's Stock Drops -7.31% on August 26, Rated 'Hold' by MarketsMOJO

Cosmo First, a smallcap company in the packaging industry, saw a decline of -7.31% in its stock price on August 26, 2024. This drop was reflected in the stock call given by MarketsMOJO, which rated the stock as 'Hold'.

The stock's performance today was underwhelming, as it underperformed the sector by -4.96%. It also experienced high volatility, with an intraday volatility of 7.04%. The stock touched an intraday low of Rs 882, which was a decrease of -7.52% from its previous closing price.

Despite this decline, Cosmo First's moving averages are still higher than its 50 day, 100 day, and 200 day moving averages. However, it is currently lower than its 5 day and 20 day moving averages.

In comparison to the overall market performance, Cosmo First's stock performance has been negative. On the same day, the Sensex saw a positive performance of 0.68%, while Cosmo First's performance was -7.38%. However, over the past month, Cosmo First's stock has outperformed the Sensex with a 2.13% increase, while the Sensex only saw a 0.38% increase.

Investors should keep an eye on Cosmo First's stock performance in the coming days to see if it can bounce back from this decline. As of now, the stock call remains 'Hold' and it is recommended to make investment decisions based on fact-based analysis rather than speculation.