Jet Freight Logistics Ltd's Stock Reaches 52-Week High, Outperforms Sector by 2.59%
Jet Freight Logistics Ltd, a microcap logistics company, has been making headlines in the stock market with its stock price reaching a 52-week high on April 9, 2024. Despite being a microcap company, it has outperformed its sector by 2.59% and is currently trading at Rs.16.8, indicating a positive trend.
Jet Freight Logistics Ltd, a microcap logistics company, has been making waves in the stock market as its stock price reached a 52-week high on April 9, 2024. The company's stock call has been marked as 'Sell' by MarketsMOJO, a leading stock market analysis platform.
Jet Freight Logistics has been performing well in the market, outperforming its sector by 2.59% today. The stock is currently trading at Rs.16.8, which is higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.
In the past year, Jet Freight Logistics has shown a growth of 22.15%, slightly lower than the Sensex's performance of 24.82%. However, this still showcases the company's potential for growth in the logistics industry.
Jet Freight Logistics is a microcap company, but its recent performance in the stock market has caught the attention of investors. With its strong performance and positive trend, the company is definitely one to watch out for in the logistics industry.
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