Ethos Stock Drops -5.2% Amidst Underperformance in Lifestyle Industry, MarketsMOJO Rates as 'Hold'

Ethos, a midcap company in the lifestyle industry, has recently faced a decline in its stock price. On October 21, 2024, the company's stock lost -5.2%, according to data from MarketsMOJO. The stock has been given a 'Hold' rating by MarketsMOJO.

In terms of performance, Ethos has underperformed the sector by -4.7% on the same day. The stock also opened with a loss of -2.58% and touched an intraday low of Rs 2920 (-5.65%). However, the stock's moving averages show that it is currently higher than the 200 day moving average, but lower than the 5 day, 20 day, 50 day, and 100 day moving averages.

Comparing Ethos' performance to the Sensex, the company's stock has shown a -5.30% decline in the past day, while the Sensex has only seen a -0.26% decline. In the past month, Ethos' stock has also underperformed the Sensex, with a -11.96% decline compared to the Sensex's -4.17% decline.

While the reasons for Ethos' decline in stock price are not mentioned, investors may want to keep an eye on the company's performance in the coming days. As of now, MarketsMOJO has given a 'Hold' rating for Ethos' stock.