Last Mile Enterprises' Stock Reaches All-Time High, Outperforms Sector by 3.43%
Last Mile Enterprises, a microcap finance company, has seen a surge in its stock price, reaching an all-time high on February 12, 2024. The stock has gained 51.19% in the past 21 days and outperformed the sector by 3.43%. The company has consistently performed well and has shown a 365.15% growth in the past year, indicating its strong financial standing and potential for growth. However, MarketsMojo has given a 'Sell' call for the stock, cautioning investors.
Last Mile Enterprises, a microcap finance company, has been making waves in the stock market as its price reached an all-time high on February 12, 2024. The stock has been gaining for the past 21 days and has risen by an impressive 51.19% during this period. Today, it outperformed the sector by 3.43% and opened with a gain of 2%.
The stock opened at Rs. 567.25, which is also its new 52-week high, and has since traded at this price. This indicates a strong demand for the company's shares in the market. Last Mile Enterprises has been consistently performing well, as evident from its higher trading position than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex performance of 17.32%, Last Mile Enterprises has shown an impressive 365.15% growth in the past year. This showcases the company's strong financial standing and potential for growth in the future. However, MarketsMOJO has given a 'Sell' call for the stock, indicating a cautious approach for investors.
Last Mile Enterprises operates in the finance/NBFC industry and is classified as a microcap company. With its recent performance and strong market position, the company is definitely one to watch out for in the stock market.
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