Uma Exports Reaches All-Time High, Outperforms Sector and Market Averages
Uma Exports, a microcap trading company, has reached an all-time high price of Rs.137.62 on August 27th, 2024. The stock has gained 36.16% in the past two days and outperformed the sector by 11.52% today. It is currently trading above its moving averages and has shown a remarkable 191.76% increase in the past year. MarketsMojo has given a 'Hold' call, making it a promising company in the trading industry.
Uma Exports, a microcap trading company, has recently reached an all-time high price of Rs.137.62 on August 27th, 2024. This news comes as the stock has been gaining for the past two days, with a consecutive gain of 36.16% during this period. The stock has also outperformed the sector by 11.52% today, indicating a strong performance.
The stock opened with a gain of 2.56% today and reached an intraday high of Rs.137.62, showing a high volatility of 31.03%. This volatility is calculated from the weighted average price, highlighting the significant movement in the stock's price.
Uma Exports is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance. In the past year, the company has shown a remarkable performance with a 191.76% increase, while the Sensex has only shown a 25.96% increase in the same period.
MarketsMOJO has given a 'Hold' call for Uma Exports, suggesting that investors hold onto their stocks for now. This news is sure to bring a sense of confidence to the company's shareholders and potential investors. With its strong performance and positive outlook, Uma Exports is definitely a company to watch out for in the trading industry.
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