EIH Associated Hotels' Stock Performance Underperforms, Receives 'Sell' Call from MarketsMOJO

EIH Associated Hotels Ltd, a smallcap company in the hotel, resort, and restaurant industry, has been in the news recently due to its stock performance. According to MarketsMOJO, a leading stock market analysis platform, the stock call for EIH Associated Hotels is 'Sell'.

On the day of writing, the stock opened with a loss of -5.52%, underperforming the sector by -1.83%. It also opened with a gap down, indicating a negative sentiment among investors. The stock touched an intraday low of Rs 360.05, a decrease of -5.52% from its previous close.

In terms of moving averages, the stock is currently higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. This suggests a mixed trend in the short term, but a bearish trend in the long term.

In comparison to the overall market performance, EIH Associated Hotels has underperformed in both the 1-day and 1-month timeframes. While the stock's 1-day performance is -2.90%, the Sensex has only seen a decrease of -0.35%. Similarly, in the 1-month timeframe, the stock has seen a decrease of -3.38%, while the Sensex has seen a decrease of -4.82%.

Overall, the stock performance of EIH Associated Hotels has been lackluster, with a 'Sell' call from MarketsMOJO. Investors should keep a close eye on the stock and its moving averages to make informed decisions.