Praxis Home Retail Hits 52-Week Low, Given 'Strong Sell' Call by MarketsMOJO

Praxis Home Retail, a microcap company in the retailing industry, has recently hit a 52-week low on July 15, 2024. According to MarketsMOJO, the stock has been given a 'Strong Sell' call. The stock's performance today has underperformed the sector by -2.55%, with a new low of Rs.12.84.

In the past 8 days, Praxis Home Retail has been on a downward trend, resulting in a -14.4% decrease in returns. The stock 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 22.08%, Praxis Home Retail has seen a negative 1-year performance of -13.77%. This indicates that the company has not been able to keep up with the overall market trend.

Investors and experts are advised to approach this stock with caution, as it has been consistently declining in the past few days. It is important to note that this is not a recommendation to buy or sell the stock, but rather a fact-based analysis of its current performance. As a microcap company, Praxis Home Retail may face challenges in the highly competitive retailing industry, which could be reflected in its stock performance.