UCO Bank's Stock Sees Decline of -3.31%, Underperforming Sector by -2.51%

UCO Bank, one of the leading public banks in India, has seen a decline in its stock price on March 18, 2024. The stock has lost -3.31% and is currently trading at Rs. 51.05. This performance has been deemed as underperforming the sector by -2.51% by MarketsMOJO, a leading financial analysis platform.

The stock has been on a downward trend for the past two days, with a consecutive fall of -3.99% in this period. It also opened with a gap down of -2.14% today. The day's low for the stock was Rs. 50.55, a decrease of -3.42% from its previous close.

In terms of moving averages, UCO Bank's stock is currently higher than its 100-day and 200-day moving averages. However, it is lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend for the stock in the short term.

On a comparative basis, UCO Bank's stock performance has been -3.21% in the last 1 day, while the Sensex has only seen a decline of -0.30%. In the last 1 month, the stock has underperformed the Sensex by -16.35%, which has remained stable at 0.00%.

Investors are advised to hold their positions on UCO Bank's stock, as per MarketsMOJO's recommendation. This news article is based on factual information and does not include any external data or sources. It is important for investors to conduct their own research and analysis before making any investment decisions.