M M Rubber Co Hits 52-Week Low, Receives 'Strong Sell' Call from MarketsMOJO

M M Rubber Co, a microcap company in the rubber products industry, has recently hit a 52-week low on November 14, 2024. According to MarketsMOJO, the stock has been given a 'Strong Sell' call. The stock opened today with a loss of -2.69% and has underperformed the sector by -3.08%. This is the second consecutive day that the stock has been losing, with a total decline of -5.43% in this period.

Today, the stock touched an intraday low of Rs 82.71, which is also the new 52-week low. The stock has been trading in a narrow range of Rs 0.43. Additionally, M M Rubber is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance of 19.81%, M M Rubber Co has shown a negative 1-year performance of -28.55%. This indicates that the company has not been able to keep up with the overall market trend.

Investors and experts are advised to exercise caution when considering M M Rubber Co as an investment option. The company's stock has been on a downward trend and has not shown any signs of improvement in the near future. This information is based on facts and figures provided by MarketsMOJO and should not be considered as a recommendation to buy or sell the stock.