Easy Trip Planners' Stock Hits 52-Week Low Amidst Pandemic Impact

Easy Trip Planners, a midcap company in the travel services industry, has recently seen a dip in its stock price. On October 18, 2024, the company's stock hit a 52-week low of Rs. 31.57. This has led to a 'Sell' call by MarketsMOJO, a leading stock market analysis platform. The stock has been on a downward trend for the past 6 days, with a consecutive fall of -7.65% in returns during this period. It has also underperformed the sector by -2.05%. Easy Trip Planners 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, which has shown a positive performance of 22.33%, Easy Trip Planners has seen a negative 1-year performance of -23.58%. This could be attributed to the current state of the travel industry, which has been heavily impacted by the ongoing pandemic. Despite the dip in stock price, Easy Trip Planners remains a midcap company with potential for growth in the future. However, it is important for investors to carefully consider their options and do their own research before making any investment decisions.