Medicamen Biotech's Stock Hits 52-Week Low Amid Underperformance and Negative Returns

Mar 12 2024 09:35 AM IST
share
Share Via
Medicamen Biotech, a microcap pharmaceutical company, has hit a 52-week low on March 12, 2024, with a 'Sell' call from MarketsMojo. The stock has been underperforming in the market, with a 4.36% decrease today and a 10.54% fall in returns in the past two days. It is currently trading below its moving averages and has shown a negative 1-year performance compared to the Sensex.

Medicamen Biotech, a microcap pharmaceutical company, has recently hit a 52-week low on March 12, 2024. The stock has been underperforming in the market, with a 'Sell' call from MarketsMOJO. Today, the stock touched an intraday low of Rs 422.25, a decrease of 4.36%.

In the past two days, the stock has been on a downward trend, with a fall of 10.54% in returns. It is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Compared to the Sensex performance of 24.68%, Medicamen Biotech has shown a negative 1-year performance of -33.15%.

Despite these recent developments, it is important to note that this article is not intended to provide any recommendations or predictions about the future potential of the company. It is simply stating the current facts and figures of Medicamen Biotech's stock performance. Investors and experts should conduct their own research and analysis before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News