Future Lifestyle Fashions Hits 52-Week Low, Given 'Not Rated' Call by MarketsMOJO

Future Lifestyle Fashions, a microcap company in the retailing industry, has recently hit a 52-week low on April 2nd, 2024. The stock has been given a 'not rated' call by MarketsMOJO, indicating a neutral stance on the company's performance.

The stock's price summary shows that it hit an all-time low of Rs. 1.93 on the same day, underperforming the sector by -3.72%. It has also been on a downward trend for the past 5 days, with a decrease of -16.81% in returns during this period. Additionally, Future Lifestyle is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Future Lifestyle's performance over the past year has been significantly lower, with a -57.84% return compared to the Sensex's 25.54% return. This indicates that the company has not been able to keep up with the overall market performance.

Despite the recent dip in stock price, it is important to note that this is not a reflection of the company's future potential or investor interest. As a microcap company, Future Lifestyle Fashions may experience more volatility in its stock price compared to larger companies. Investors should carefully consider all factors before making any investment decisions.