Spencers Retail's Stock Faces Downward Trend, 'Sell' Call by MarketsMOJO

Spencers Retail, a smallcap company in the retailing industry, has been facing a downward trend in its stock performance. On February 5th, 2024, the company's stock lost -9.07%, leading to a 'Sell' call by MarketsMOJO. The stock has also been a part of the Hidden Turnaround list on MarketsMOJO since February 2nd, 2024.

In terms of price summary, Spencers Retail has underperformed the sector by -7.62% on the day of February 5th. The stock has been on a consecutive fall for the past two days, with a total decline of -18.14% during this period. However, there was a slight positive movement as the stock opened with a gain of 3.51% on February 5th. The intraday high for the stock was Rs 126.8 (3.64%), while the intraday low was Rs 111 (-9.28%). The stock has shown high volatility with an intraday volatility of 6.69%.

In terms of moving averages, Spencers Retail's stock is currently higher than its 20-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day moving average.

On February 5th, Spencers Retail's stock performance was -7.56%, while the Sensex performance was -0.53%. In the past month, the company's stock has shown a positive performance of 8.75%, while the Sensex has shown a negative performance of -0.45%.

Despite the recent decline in stock performance, Spencers Retail remains a smallcap company in the retailing industry. Investors should continue to monitor the company's performance and make informed decisions based on their own research and analysis. This article is for informational purposes only and does not recommend any action or provide any expert opinions.