Praxis Home Retail Hits 52-Week Low, Receives Strong Sell Rating from MarketsMOJO

Jul 12 2024 10:43 AM IST
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Praxis Home Retail, a microcap company in the retailing industry, has hit a 52-week low on July 12, 2024. According to MarketsMojo, the stock has been given a Strong Sell rating and is currently trading below its moving averages. The retailing sector has seen a gain of 2.02%, while Praxis Home's 1-year performance has been -12.02%. Investors are advised to exercise caution.


Praxis Home Retail, a microcap company in the retailing industry, has recently hit a 52-week low on July 12, 2024. According to MarketsMOJO, a leading stock analysis platform, the stock has been given a "Strong Sell" rating.

The stock's price summary shows that it has reached a new low of Rs. 13.1 and has underperformed the sector by -3.63% in today's trading. It has also been on a downward trend for the past 7 days, with a decline of -12.67% during this period. Additionally, Praxis Home is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison, the retailing sector has seen a gain of 2.02%. However, Praxis Home's 1-year performance has been -12.02%, while the Sensex has shown a positive return of 22.28%.

Investors and experts are advised to exercise caution when considering Praxis Home Retail as an investment option. The company's current performance and market trends suggest a potential risk for investors. This news is for informational purposes only and does not constitute a recommendation to buy or sell the stock.
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