Onward Technologies' stock hits 52-week low, underperforms sector with -1.71% difference.

Oct 25 2024 10:05 AM IST
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Onward Technologies, a microcap IT software company, has been facing a downward trend in the stock market. On October 25th, 2024, the stock hit a 52-week low and has been underperforming the sector with a -1.71% difference in performance. The stock is currently trading below its moving averages and has seen a -33.86% decrease in returns compared to the Sensex's 24.47% increase. MarketsMojo has given a 'Sell' call for the stock, advising investors to carefully consider their options.

Onward Technologies, a microcap IT software company, has recently hit a 52-week low on October 25th, 2024. The stock has been underperforming the sector, with a -1.71% difference in performance today. This marks the second consecutive day of losses for the company, with a -6.34% decrease in returns over the past two days.

Onward Technologies' stock price hit an intraday low of Rs 334.45, a decrease of -2.36%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend.

In comparison to the Sensex, Onward Technologies' performance over the past year has been -33.86%, while the Sensex has seen a 24.47% increase. This highlights the company's struggles in the market.

MarketsMOJO has given a 'Sell' call for Onward Technologies' stock, indicating a negative outlook for the company. Investors should keep an eye on the stock's performance and consider their options carefully before making any decisions.
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