Route Mobile's Stock Hits 52 Week Low, Declines -13.04% Compared to Sensex Performance

Nov 18 2024 09:36 AM IST
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Route Mobile, a midcap IT software company, has seen a dip in its stock price, hitting a 52 week low on November 18, 2024. The stock has been on a downward trend for the past three days, with a consecutive fall of -6.21%. According to MarketsMojo, the stock call for Route Mobile is 'Sell' and it has been trading below its moving averages. In comparison to the Sensex, the company's stock has shown a decline of -13.04% in the past year.

Route Mobile, a midcap IT software company, has recently seen a dip in its stock price, hitting a 52 week low on November 18, 2024. The stock has been on a downward trend for the past three days, with a consecutive fall of -6.21% during this period. Today, the stock underperformed the sector by -1.6%, with an intraday low of Rs 1370.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock call for Route Mobile is 'Sell'. The company's stock has been trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bearish trend.

In comparison to the Sensex, which has shown a positive performance of 17.42% in the past year, Route Mobile has seen a decline of -13.04%. This could be a cause for concern for investors, as the company's stock has not been able to keep up with the overall market performance.

It is important to note that this news article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone, without any mention of future potential, investor interest, or expert opinions. As per the available data, Route Mobile's stock has been on a downward trend and has been recommended as a 'Sell' by MarketsMOJO.
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