Quess Corp Hits New 52-Week Low at Rs. 212.3 Amid Market Decline

Quess Corp, a small-cap player in the diversified commercial services sector, has reached a new 52-week low of Rs. 212.3 today, marking a significant downturn for the stock. This decline comes as the company has underperformed its sector by 1.52% and has seen a consecutive fall over the last two days, resulting in a total drop of 2.89% during this period.
The stock has been trading within a narrow range of Rs. 1.65, indicating limited volatility. Additionally, Quess Corp is currently positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a challenging market environment. Over the past year, the stock has experienced a substantial decline of 34.44%, contrasting sharply with the Sensex's performance, which has gained 8.59% in the same timeframe.

Despite these challenges, Quess Corp maintains a high dividend yield of 4.66%, and its low debt-to-equity ratio of 0.09 times suggests a manageable financial structure. However, the company has faced difficulties in achieving long-term growth, with operating profit declining at an annual rate of 8.88% over the past five years.