Modella Woollens Hits 52-Week Low, Underperforms Sector by -5.26%

Jun 06 2024 11:35 AM IST
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Modella Woollens, a microcap company in the trading industry, hit a 52-week low on June 6, 2024, with a stock price of Rs. 55.3. MarketsMojo has given a Strong Sell recommendation. The stock has shown erratic trading behavior and is currently trading below its moving averages. It has also underperformed the sector and Sensex in the past year.

Modella Woollens, a microcap company in the trading industry, has recently hit a 52-week low on June 6, 2024. This news has been met with a "Strong Sell" recommendation by MarketsMOJO.

The stock price of Modella Woollens has reached a new low of Rs. 55.3, underperforming the sector by -5.26% on the day. The stock has also shown erratic trading behavior, not trading on one day out of the last 20 days. Today, the stock opened with a loss of -4.66% and touched an intraday low of Rs. 55.3.

It is worth noting that the stock has not shown any significant range, opening and trading at the same price of Rs. 55.3. Additionally, Modella Woollens 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 19.64%, Modella Woollens has shown a negative 1-year performance of -25.26%. This indicates a decline in the company's stock value over the past year.

While there is no mention of future potential or investor interest, it is important to note that Modella Woollens is a microcap company in the trading industry. This news serves as an informative update for investors and traders, without any recommendations or expert opinions.
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