Sreeleathers Ltd. Stock Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO
Sreeleathers Ltd., a microcap company in the trading industry, has seen a dip in its stock price, reaching a 52-week low of Rs 246.05 on November 11, 2024. MarketsMojo has given a 'Strong Sell' call. The stock has underperformed the sector by -1.08% and is currently trading below its moving averages. In the past year, it has shown a negative performance of -12.63%. Investors are advised to do their own research before making any decisions.
Sreeleathers Ltd., a microcap company in the trading industry, has recently seen a dip in its stock price. On November 11, 2024, the company's stock touched a 52-week low of Rs 246.05. This has led to a 'Strong Sell' call by MarketsMOJO.
Currently, the stock is trading at 0.79% above its 52-week low. However, it has underperformed the sector by -1.08% today. The stock has also been on a consecutive fall for the last 2 days, with a decline of -4.47% during this period. On the positive side, the stock opened with a gain of 8.43% today and touched an intraday high of Rs 270.
The stock has shown high volatility today, with an intraday volatility of 8.53%. This is calculated from the weighted average price. Additionally, Sreeleathers is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the past year, Sreeleathers has seen a negative performance of -12.63%, while the Sensex has shown a positive performance of 22.45%. This indicates that the company's stock has not performed well in comparison to the overall market.
Despite the recent dip in stock price, it is important to note that this article is not making any recommendations or predictions about the future potential of Sreeleathers. It is simply presenting the facts and figures of the company's current stock performance. Investors are advised to do their own research and make informed decisions.
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