Subex Hits 52-Week Low, Receives 'Strong Sell' Call from MarketsMOJO

Subex, a smallcap IT software company, has recently hit a 52-week low on October 25th, 2024. This has led to a 'Strong Sell' call by MarketsMOJO, a leading stock market analysis platform. The stock price has fallen to Rs.22.34, underperforming the sector by -3.62%. In the past two days, Subex has seen a consecutive fall with a -4.01% return. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance. In comparison to the Sensex, Subex's 1-year performance has been -23.80%, while the Sensex has seen a positive growth of 24.31%. This further highlights the underperformance of Subex in the market. Despite these recent developments, it is important to note that this article is not making any recommendations or predictions about the future potential of Subex. It is simply stating the facts and figures based on the current market situation. Investors are advised to do their own research and analysis before making any investment decisions.