Longview Tea Company Hits 52-Week High, But Receives Sell Call from MarketsMOJO

Longview Tea Company, a microcap trading company, has recently hit a 52-week high with its stock price reaching Rs.64.94 on March 12, 2024. However, according to MarketsMOJO, the stock has been given a "Sell" call.

The stock's performance today has been underwhelming, underperforming the sector by -5.16%. This is a significant change from the stock's previous trend of 13 consecutive days of gains. The stock also opened with a gap up of 5% today, but has since fallen to an intraday low of Rs.58.76.

The stock has shown high volatility today, with an intraday volatility of 5%, calculated from the weighted average price. Despite this, Longview Tea is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance of 24.68%, Longview Tea Company has shown a remarkable 112.51% growth in the past year. However, it is important to note that this is a microcap company, and investors should exercise caution when considering investing in such companies.

Overall, Longview Tea Company's recent 52-week high may be a cause for excitement, but with the "Sell" call from MarketsMOJO and the stock's underperformance today, it is important for investors to carefully evaluate their options before making any decisions.