Route Mobile's Stock Price Sees Significant Increase, Outperforms Sector and Sensex
On June 27, 2024, midcap IT software company Route Mobile's stock price increased by 8.28%, closing at Rs 1776.55. Despite being 2.02% away from its 52-week high, it outperformed the sector by 6.16% and showed a trend reversal after two days of fall. The stock has been trading above its moving averages and has outperformed the Sensex in both 1-day and 1-month performance. Investors and experts are advised to conduct their own research before making any decisions.
Route Mobile, a midcap IT software company, has seen a significant increase in its stock price on June 27, 2024. The stock has gained 8.28%, closing at Rs 1776.55. However, according to MarketsMOJO, the stock has been given a 'Sell' call.
Despite the increase in stock price, Route Mobile is still 2.02% away from its 52-week high of Rs 1797.55. However, it has outperformed the sector by 6.16% today. The stock has also shown a trend reversal, gaining after two consecutive days of fall.
Route Mobile has been highly volatile today, with an intraday volatility of 7.92%. The stock has been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex performance, Route Mobile has outperformed with a 1-day performance of 6.65% and a 1-month performance of 22.63%. The Sensex, on the other hand, has shown a 1-day performance of 0.57% and a 1-month performance of 4.95%.
Investors and experts are advised to take note of the current performance of Route Mobile and make informed decisions based on their own research and analysis. This information is based on facts and should not be considered as a recommendation to buy or sell the stock.
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