Niyogin Fintech Hits 52-Week Low Amidst Downward Trend and Strong Sell Rating

Oct 24 2024 03:05 PM IST
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Niyogin Fintech, a microcap company in the finance industry, has hit a 52-week low on October 24th, 2024. The stock has been on a downward trend for the past six days, with a consecutive fall of -19.73%. According to MarketsMojo, the stock is currently a 'Strong Sell' and is trading lower than its moving averages. Its 1-year performance has been -37.50%, indicating significant underperformance in the market.

Niyogin Fintech, a microcap company in the finance industry, has recently hit a 52-week low on October 24th, 2024. This news comes as the stock has been on a downward trend for the past six days, with a consecutive fall of -19.73% in that period. The stock's performance today has also underperformed the sector by -3.33%.

According to MarketsMOJO, a leading stock analysis platform, Niyogin Fintech's stock call is currently a 'Strong Sell'. The stock touched an intraday high of Rs 48.39 (2.72%) and an intraday low of Rs 45 (-4.48%). It is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex's performance of 24.03%, Niyogin Fintech's 1-year performance has been -37.50%. This indicates a significant underperformance by the company's stock in the market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative tone for readers interested in the current state of Niyogin Fintech's stock. As always, it is recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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