Sparc Electrex hits 52-week low, receives 'Strong Sell' rating from MarketsMOJO

Sparc Electrex, a microcap IT hardware company, has recently hit a 52-week low on May 22, 2024. This news has been confirmed by MarketsMOJO, who have given the stock a 'Strong Sell' rating. The stock's price has fallen to Rs.16.35, underperforming the sector by -0.9%.

In the past two days, Sparc Electrex has seen a consecutive fall, with a -4.01% return during this period. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

When compared to the Sensex performance, Sparc Electrex has shown a negative 1-year performance of -26.01%, while the Sensex has seen a positive performance of 19.61%.

Despite the recent dip in stock price, it is important to note that this article is not making any recommendations or speculations about the future potential of Sparc Electrex. This information is purely fact-based and aims to provide a neutral and informative tone for readers. As a microcap company in the IT hardware industry, Sparc Electrex's performance may be affected by various factors, and it is always advisable for investors to do their own research before making any investment decisions.