Sreeleathers Ltd. Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Sreeleathers Ltd., a microcap trading company, has recently hit a 52-week low on October 28, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company's performance. On the same day, the stock opened with a gain of 18.65%, but underperformed the sector by -0.76%. It also touched an intraday high of Rs 299, showing high volatility with an intraday range of 16.15%. This is calculated from the weighted average price. Sreeleathers Ltd. is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price. In comparison to the Sensex performance of 25.15%, Sreeleathers Ltd. has shown a negative 1-year performance of -3.92%. This highlights the struggles of the company in the trading industry. Investors and experts have not shown any interest in the company's stock, and there is no indication of any potential growth in the future. Sreeleathers Ltd. remains a microcap company in the trading industry, and its current stock performance reflects the challenges it is facing.