Sequent Scientific Stock Declines -5.0% Despite Higher Moving Averages

Sequent Scientific, a midcap pharmaceutical company, saw a decline of -5.0% in its stock on November 11, 2024. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on its performance.

In terms of price summary, Sequent Scientific underperformed the sector by -5.24% on the day. The stock has been on a downward trend for the past two days, with a fall of -9.8% during this period. It also opened with a loss of -3.16% today and touched an intraday low of Rs 204.3 (-5%). The stock has shown high volatility today, with an intraday volatility of 54.08% (calculated from weighted average price).

Despite the recent decline, Sequent Scientific's moving averages are still higher than its 20 day, 50 day, 100 day, and 200 day moving averages. However, it is lower than its 5 day moving average.

In comparison to the Sensex, Sequent Scientific's performance over the past day and month has been -5.00% and 7.08%, respectively. This is in contrast to the Sensex's performance of -0.03% and -2.36% over the same periods.

Overall, Sequent Scientific's stock has shown a decline in the past day, but its moving averages are still higher than its long-term averages. Investors may want to keep an eye on the stock's performance in the coming days to make informed decisions.