MarketsMOJO rates Coastal Corporation as 'Sell' despite positive stock performance

Coastal Corporation, a microcap company in the aquaculture industry, has been given a 'Sell' rating by MarketsMOJO. The stock opened today with a gain of 4.51%, but is still 4.33% away from its 52 week high of Rs 337. Despite this, the stock has outperformed the sector by 3.36% and opened with a gap up of 4.51%.

Intraday, the stock reached a high of Rs 333.75, a 6.48% increase from its opening price. Coastal Corporation is currently trading above its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the stock's performance.

In comparison to the Sensex, Coastal Corporation has shown a 1 day performance of 3.05% while the Sensex only had a 0.04% performance. Over the past month, Coastal Corporation has also outperformed the Sensex with a 26.62% performance compared to the Sensex's 3.19%.

Despite the positive performance of Coastal Corporation, MarketsMOJO has given a 'Sell' rating for the stock. This information is based on facts and does not include any external data or sources. As a microcap company in the aquaculture industry, investors should carefully consider their options before making any decisions regarding Coastal Corporation's stock.