Subex's Stock Price Declines by -8.01% and Receives 'Hold' Call from MarketsMOJO

Subex, a smallcap IT software company, has seen a decline in its stock price by -8.01% on February 12, 2024. This has led to a 'Hold' call by MarketsMOJO, a leading stock market analysis platform.

The stock has underperformed the sector by -7.72% today, indicating a downward trend. It has also been on a consecutive fall for the last 2 days, with a -10% decline in returns during this period. The stock touched an intraday low of Rs 36.83, a decrease of -8.9% from its previous closing price.

Today, the stock has shown high volatility with an intraday volatility of 5.61%, calculated from the weighted average price. This suggests that the stock is experiencing significant fluctuations in its price.

However, Subex's moving averages are still higher than the 50-day, 100-day, and 200-day moving averages. But it is lower than the 5-day and 20-day moving averages, indicating a mixed trend for the stock.

In comparison to the Sensex, Subex's performance in the last 1 day and 1 month has been -8.24% and -6.76%, respectively. This is lower than the Sensex's performance of -0.73% and -2.06% in the same periods.

Overall, Subex's stock has seen a decline in its price and is currently recommended to be held by MarketsMOJO. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.