Silver Touch Technologies' Stock Reaches All-Time High, Recognized by MarketsMOJO

Silver Touch Technologies, a leading IT software company, has reached an all-time high in its stock price on June 7, 2024. This positive trend has been recognized by MarketsMOJO, who have given a 'Buy' call for the stock.

The stock has shown impressive performance today, outperforming the sector by 1.65%. It has also been on a consecutive gain for the past 3 days, with a 6.97% increase in returns during this period. The stock opened with a significant gain of 10.62% and reached a day's high of Rs 869.95.

Today, Silver Touch Technologies has shown high volatility with an intraday volatility of 8.32%, calculated from the weighted average price. This indicates a strong movement in the stock price, which can be beneficial for investors.

Moreover, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for its future performance.

In the past year, Silver Touch Technologies has shown an impressive growth of 117.68%, while the Sensex has only grown by 19.26%. This showcases the company's strong performance and potential for future growth.

With its consistent growth and positive outlook, Silver Touch Technologies is a promising investment opportunity for those looking to invest in the IT software industry.